7346 Ridge 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 |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by Keller Williams Realty WNY | $249,900 | |
| Listed by Keller Williams Realty WNY | |||
| | |||
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This charming Cape-style home will impress with its updated features and beautiful interior and exterior design. The partially finished basement provides space for a man cave, office, or an additional bedroom. Recent updates include a new composite deck (2023) ideal for enjoying morning coffee or evening relaxation with guests, new gutters (2024), and now includes smart lighting with hub. Enjoy the holidays in style and make lasting memories in this stunning home.
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| Dec 6, 2016 | Sold | ||
| Sold | |||
| Jul 8, 2016 | Listed by Hunt Real Estate ERA | $124,900 | |
| Listed by Hunt Real Estate ERA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017