7231 RIDGE TRAIL 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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by 904 REALTY LLC | $35,000 | |
| Listed by 904 REALTY LLC | |||
| May 7, 2008 | Listed by WATSON REALTY CORP | $40,000 | |
| Listed by WATSON REALTY CORP | |||
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Very secluded 2.11 acres with 200 feet road frontage.
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| May 3, 2007 | Listed by WATSON REALTY CORP | $42,000 | |
| Listed by WATSON REALTY CORP | |||
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Very secluded 2.11 acres with 200 road frontage. Seller owns half of the pond that backs up to the property.Due to drought,not known if there is any water in the pond.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017