63 Hidden Ridge Drive
About This Property
The house has an eat-in kitchen, living room with cathedral ceilings and wood-burning fireplace, and ample closet space throughout. The main bedroom features a walk-in closet and an en-suite bathroom. Lounge in the enclosed porch or on the large deck which faces the woods. There is also a basement, perfect for storage.
Hidden Ridge is a serene & quiet community nestled in the foothills of the Catskill Mountains. Located in Monticello, it's just minutes from all the local conveniences including entertainment (Resorts World Casino, The Kartrite Indoor Water Park & YO1 spa) shopping (Walmart, Shoprite, Marshalls & tons of restaurants) & recreation (White Lake, Swinging Bridge, Rails to Trails, Neversink Gorge & more). The Association offers its members use of an outdoor heated pool & a clubhouse. The monthly dues cover snow plowing, landscaping, trash pickup & maintenance of the roof & skylights.
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Cap Rate Calculator
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 30, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2022 | In contract | - | |
| In contract | |||
| Nov 2, 2022 | Listed by Catskills Home Services | $100,000 | |
| Listed by Catskills Home Services | |||
| Oct 28, 2021 | No longer available | - | |
| No longer available | |||
| Sep 23, 2021 | Price Decreased |
$79,918
↓ $5K
(5.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017