63 Ridge Drive
About This Property
Step outside to your own private retreat: a serene backyard with an in-ground pool, surrounded by lush landscaping and ample patio space for relaxing or hosting gatherings. The finished walk-out basement provides additional living space-perfect for a family room, home office, or guest suite.
This home is fully equipped with today's conveniences, including a whole-house generator and an electric car charger, offering peace of mind and modern efficiency. A rare opportunity to own a modern, turnkey ranch that blends convenience, comfort, and outdoor enjoyment.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017