61 Ridgecrest Dr
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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by M B C REALTORS® | $465,000 | |
| Listed by M B C REALTORS® | |||
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Located in the highly sought-after Munger Hill area of Westfield, this beautifully maintained ranch offers exceptional space, comfort, and quality. The main level features three well-appointed bedrooms, a bright living room, and a versatile dining room/family room ideal for both everyday living and entertaining. Hardwood floors, elegant crown moldings, recessed lighting, and two fireplaces enhance the home’s warm and inviting atmosphere. The updated kitchen is equipped with modern cabinetry, granite countertops, a center island, and a full suite of appliances, combining style with everyday convenience. The fully finished basement provides additional living space, including a bedroom, full bathroom, and a comfortable seating area—perfect for guests, extended family, or a private retreat. Additional highlights include dual heating systems, central air conditioning, and a two-car garage. Situated in one of Westfield’s most desirable neighborhoods, this home is truly move-in ready.
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| Aug 25, 2006 | Sold | ||
| Sold | |||
| Jan 14, 2006 | Listed | $239,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017