7 Ridgeway Street
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 6, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by EXP Realty | $375,000 | |
| Listed by EXP Realty | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $239,900 | |
| Listed | |||
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This lovely 4 bedroom, 2 full bath Cape Cod style home is located in the quaint historic section of Barnegat Township and features hardwood flooring, a spacious eat-in kitchen with breakfast bar and wood cabinetry, 2 bedrooms and a full bath on each level, laundry room, patio area with stamped concrete adjacent to additional fenced yard for potential gardens or recreation, storage shed, gas heat and much more! This delightful home is conveniently located within close proximity to downtown restaurants, the Rail Trail walking/biking path, schools, library, shopping, township bay beach, public dock, seasonal farmer's market and Long Beach Island beaches!! This inviting home allows you to readily enjoy all that the Jersey shore has to offer! The manager has listed the unit size as 1614 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017