7 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 |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Feb 4, 2017 | Listed by Leading Edge Real Estate | $144,900 | |
| Listed by Leading Edge Real Estate | |||
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Your haven awaits in this cozy 2 bedroom, 1 bathroom home with BEACH RIGHTS to Angle Pond. The warm wood cathedral ceilings in this converted camp will welcome you home after a day of kayaking and swimming. The raised garden beds and extra parking on your double lot could make way for a potential garage. A perfect opportunity for first time home buyers, a condo alternative, or someone down-sizing. Whether it is listening to the rain fall on your metal roof or enjoying all that Angle Pond has to offer it will feel like vacation every day of the year. Take advantage of this low maintenance, year round home now and settle in before the weather warms up!
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| Dec 7, 2012 | Sold | ||
| Sold | |||
| Aug 16, 2012 | Listed by Heritage House Sotheby's International Realty | $2,699,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017