640 Ledge Rd
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 |
|---|---|---|---|
| Aug 28, 2019 | Sold | ||
| Sold | |||
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 11, 2019 | Listed | $315,000 | |
| Listed | |||
| | |||
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Updated Ranch located on an exceptional 2.21 acre lot. Currently being used comfortably as 2 bed/possible 3 bed home. Main level: hardwood flooring throughout, gorgeous kitchen w/ granite counters, breakfast bar, updated cabs w/ under cab lighting & updated stainless appliances, spacious dining rm, oversized living rm w/ doors to custom built stone grilling deck/area, full bath w/ updated fixtures, master bed that will easily fit any sized bedroom furniture. Lower level is a walkout that features hardwood stair treads, additional rm w/ heat, exercise rm & office. Approx 23' deep, 2 car garage features steel beam, 100AMP/220V, gen switch, insulated, vent fan, work area. NEW Mini split heating/cooling system w/ 5 heads & 2 condensers. Video system for property. Stone patio/fire pit for amazing lawn parties. Storage shed. Septic system apprx 3 years old. Separate parking area w/ abundance of space. Contractor, home based business or mechanical enthusiast all perfect fits for this property The manager has listed the unit size as 1048 square feet.
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| Jun 24, 2019 | Listed by BHHS Pinnacle Realty | $315,000 | |
| Listed by BHHS Pinnacle Realty | |||
| Sep 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017