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6130 RIDGE Lane
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%.
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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.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by The Corcoran Group | $1,900,000 | |
| Listed by The Corcoran Group | |||
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by The Corcoran Group | $2,375,000 | |
| Listed by The Corcoran Group | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by One Sotheby's International Realty | $1,495,000 | |
| Listed by One Sotheby's International Realty | |||
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Remarks:This amazing ''Walk to Beach'' home has location, location, location. The newly renovated contemporary home boasts areas for entertaining indoors and outdoors including covered patio and roof top deck. A large family room with vaulted ceiling and fully retractable sliding doors to outdoor patio. Located in the exclusive beach community of Ocean Ridge, just a 20 minute drive to Palm Beach International Airport or 10 minutes to Delray Beach's Atlantic Avenue.
Plans and design for courtyard and pool included.
TENANT OCCUPIED PLEASE DO NOT DISTURB TENANATS.
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About Coastal Shores West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017