7239 Ridge Oak 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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Listed by HomeSmart | $289,000 | |
| Listed by HomeSmart | |||
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Gorgeous house with plenty of room. Huge Living room area to set up your entertainment center and sitting area. It has four bedrooms and two and a half bathrooms; You can enjoy a family meal in the formal dining area, plus a breakfast area. Come and see this beautiful house. You will appreciate the gorgeous luxury laminate flooring, nice neutral paint, six panel doors, six inch baseboards, and spot lights. Oh, it feels like a modern house! It doesn't end there, the kitchen and bathrooms have also been updated to make the house stand out. The chef of the house will appreciate the beautiful granite counter. Good size backyard with a beautiful tree, where you can sit back and relax, hon your gardening skill, or play ball with your best friends.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017