30
Map
711 MONARCH RIDGE ROAD
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Long & Foster Real Estate, Inc. | $585,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Welcome to 711 Monarch Ridge Rd. This lovely home is move in ready! Three finished levels with 4 bedrooms and 3.5 baths. The kitchen has been beautifully remodeled (2021) with plenty of cabinet & table space, granite counter tops, recessed & pendant lighting and stainless steel appliances. The adjoining sunken in family room is a wonderful cozy space with a gas fireplace and built in shelving. On the upper level you will be delighted to find the large elevated primary suite which is a wonderful private space with a separate reading nook, the ensuite bath has a large soaking tub and stand alone shower, 3 additional bedrooms and a full bathroom complete the upper level. The spacious lower level recreation room is a fantastic space for family movie nights or entertaining guests, updated in 2020 (new stairs, paint and flooring). The outdoor space includes a lovely covered front porch and in the rear of the home is a screened in deck and a fully fenced large back yard. New Roof (2022), Siding & Gutters (2020), Living Room Carpet (2023), Front Porch Update (2022), Screened deck Update (2023).
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| Jan 27, 2015 | Sold | ||
| Sold | |||
| Dec 19, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017