6847 New Ridge Drive
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 |
|---|---|---|---|
| Jun 14, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | In contract | - | |
| In contract | |||
| Apr 29, 2022 | No longer available | - | |
| No longer available | |||
| Apr 20, 2022 | Listed by Realty Masters & Associates | $699,999 | |
| Listed by Realty Masters & Associates | |||
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Welcome to his lovely two story corner home nestled in the Mission Grove/Canyon Crest community. The tiled entryway opens to the sunken formal living & dining areas. Enjoy the open floor plan with cathedral ceilings and lots of natural light. Newer carpet throughout the home with tile flooring in the kitchen, bathrooms and laundry room. The remodeled kitchen has upgraded cabinets, recessed lighting and an etched glass inlay pantry door. The kitchen opens up to the family room where you can get cozy by the fireplace and enjoy some family time. The main floor also has a half bath and separate laundry room. Upstairs features the master bedroom suite with vaulted ceilings, a large walk-in closet and an upgraded custom shower. You'll also find three additional good sized bedrooms, an additional full bath and more cabinets for extra storage. The rear yard is spacious and open for your enjoyment. There is an enormous playground including swings and a covered slide that can be fun for the whole family! The backyard has enough room for your firepit, BBQ and a gated side yard large enough for a pool or a possible ADU. You will have plenty of space for all of your toys with your 3 car garage and gated RV/Boat parking. Conveniently located near the beautiful Taft Park and Elementary School, you're only minutes away from Canyon Crest Shopping Center, and easy access to the 60 & 91 & 215 Freeways. Please take a look at our virtual tour! The manager has listed the unit size as 1901 square feet.
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| Nov 4, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017