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745 Ridgemont Way
About This Property
Chefs dream kitchen with custom cabinets, Double ovens, electric cooktop, microwave, custom refrigerator, breakfast bar, kitchen nook, large family room with floor plugs and beautiful fireplace, formal dining room, office/den and 3 car garage with pull down staircase. This home lends itself for perfect entertaining venues. The expansive back yard has fruit producing trees with gazebo overlooking Cypress Ridge Golf Course. The common area in the middle of the development has a Basketball hoop play area, Horseshoe pit, Park benches surrounded with groomed grass where you will find homeowners flying kites, having picnics, throwing Frisbee's enjoying one another. Bayview Estates is surrounded on three sides by open space. Situated just minutes from the the Beach, Monarch Dunes Golf course, Blacklake Golf course, shopping and restaurants makes this the ideal Dream home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 15, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by Berkshire Hathaway Home Servic | $799,999 | |
| Listed by Berkshire Hathaway Home Servic | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017