670 Ridge Road
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 |
|---|---|---|---|
| Feb 25, 2021 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by RE/MAX Prof Associates | $820,000 | |
| Listed by RE/MAX Prof Associates | |||
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Looking for an idyllic home in the country? This romantic 38-acre farmstead offers an incredible opportunity to steward a scenic parcel that can fulfill your every dream. With panoramic ridge-top views of woods & open fields, it's a self-sustaining package featuring a sprawling antique farmhouse, well-appointed commercial kitchen (with its own 3-bedroom septic system), and 2 well-ventilated barns with water & electricity to shelter animals or perhaps adapt into a rustic studio. Here you'll find a quiet place to enjoy country living with your horses, goats or alpacas who'll have room to roam fenced verdant pastures and stonewalled woods. The updated and recently painted 18th century cape (with a 19th century wing) has modern stainless kitchen appliances, a new Viessman propane boiler, Koehler generator and two woodstoves to keep things cozy. A 4-bay post & beam equipment shed has a roof-mounted photovoltaic array that captures enough sun power to virtually eliminate electric bills.
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| Jun 1, 2010 | Sold | ||
| Sold | |||
| Feb 16, 2010 | Listed by Hardwick Properties | $675,000 | |
| Listed by Hardwick Properties | |||
| Jun 6, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017