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6516 WIND RIDGE Drive
About This Property
Offering 5 spacious bedrooms and 4 full bathrooms, this thoughtfully designed residence features a highly desirable floor plan perfect for multi-generational living. The fifth bedroom is conveniently located downstairs with its own full bathroom, creating the ideal private retreat for guests, extended family, or a home office.
Upstairs, you'll find two secondary bedrooms connected by a Jack-and-Jill bathroom, along with a spacious junior suite offering comfort and privacy. The expansive owner's retreat is a true sanctuary, complete with a private balcony, an oversized walk-in closet, and a luxurious en-suite bath. An upstairs laundry room adds everyday convenience.
Enjoy the flexibility of two living areas and two dining areas, providing plenty of room for both everyday living and entertaining. Step outside to your own backyard oasis featuring an outdoor kitchen and a cozy fire pit
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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 |
|---|---|---|---|
| Oct 6, 2026 | Relisted | $549,000 | |
| Relisted | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$549,000
↓ $8K
(1.4%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Increased |
$556,663
↑ $32K
(6%) | |
| Price Increased | |||
| Jul 17, 2026 | Relisted | $525,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017