61 Outer Drive #61
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Listed | $224,900 | |
| Listed | |||
| Nov 25, 2013 | Sold | ||
| Sold | |||
| Aug 21, 2013 | Listed by ERA M Connie Laplante | $114,900 | |
| Listed by ERA M Connie Laplante | |||
| | |||
|
Location, location, end unit in Ridgewood Village, possibly the best location in the complex. Move in ready, tastefully decorated rooms, updated kitchen and bath. New dishwasher and disposal. Energy efficient windows, newer roof. Private gated fenced patio. End unit garage and parking space (K5) are very convenient to the unit. Pets allowed with restrictions. One of the best condo's to come on the market in Ridgewood Village in some time. New Price Reduction, will not last. Motivated Seller, Call today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2025
|
2 Bed
|
1 Bath
|
800 ft²
|
$224,900
2 Bed
1 Bath
800 ft²
|
$222,900
-0.89%
06/26/2025
|
Luiza Berman
Park Square Realty
| |
|
08/21/2013
|
2 Bed
|
1 Bath
|
800 ft²
|
$114,900
2 Bed
1 Bath
800 ft²
|
$113,000
-1.65%
11/25/2013
|
Bette Lord-Hess
ERA M Connie Laplante
| |
|
10/23/2006
|
2 Bed
|
1 Bath
|
790 ft²
|
$119,900
2 Bed
1 Bath
790 ft²
|
$115,000
-4.09%
11/30/2006
|
Connie Desmarais
Coldwell Banker Realty - Chicopee
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017