7 Lake Ridge Boulevard
About This Property
The bright and inviting eat-in kitchen boasts a clean white theme, perfect for casual dining and entertaining. Just off the formal dining area, sliding doors lead to a private patio-ideal for outdoor BBQs or relaxing evenings. The spacious primary bedroom is conveniently located on the main floor and includes a full en-suite bath with a walk-in shower. Additional highlights include an attached two-car garage, making daily living a breeze.
Residents enjoy access to a vibrant community clubhouse featuring a variety of top-tier amenities: an outdoor pool, fitness center, billiards, craft and card rooms, bocce ball, and pickleball courts. Don't miss this wonderful opportunity! Home will be vacant starting April 24th.
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Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed by EXP Realty | $359,000 | |
| Listed by EXP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017