705 Wilderness 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 |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by CENTURY 21 Affiliated | $529,000 | |
| Listed by CENTURY 21 Affiliated | |||
| Jun 7, 2020 | No longer available | - | |
| No longer available | |||
| Apr 9, 2020 | No longer available | - | |
| No longer available | |||
| Apr 9, 2020 | Listed | $485,900 | |
| Listed | |||
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Spacious open concept ranch with vaulted ceilings, gas fireplace located in the exclusive
Wilderness Ridge Community. Main floor includes master bedroom en-suite with a large walk-in closet. Two other bedrooms share a full bath. Laundry on the first floor with a pantry closet. Handicap accessibility in many areas of the first floor. Seller is giving a $7,000 allowance for flooring options. Lower level has a fourth bedroom with a bathroom. Large family room and two other rooms for storage along with the two and a half car garage. Direct access to walking and bike paths to Lake Michigan, downtown Saugatuck or Douglas. Sit in the screened-in porch and watch the deer and wildlife go by in the backyard. A home with an entirely neutral palette waiting for your personal touch! The manager has listed the unit size as 2014 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017