75 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%.
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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.
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 20, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $399,000 | |
| Listed | |||
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Wind your way up the road following the Rocky Branch River to a quiet mountainside craftsman style home full of amenities. Set back from the road with enough elevation to create subtle mountain views, you can relax in privacy and peace. One level living with high timber frame ceilings on the main level, and a huge loft for either an office environment, additional living space, or a great sleeping area. Fully finished lower level includes a guest bedroom, additional living room and a huge, cedar closet! Along the front of the house is a wonderful porch with ceiling fans, views, bird feeders and plenty room to entertain. Radiant heat in the lower level and first floor, as well as in the garage keeps everything consistently warm through out the cooler months. Combine that with central air for the hot summer nights, and a full house generator to keep you running when the weather pulls the plug. Self contained and efficient mountain living. The manager has listed the unit size as 2646 square feet.
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| May 15, 2018 | Listed by KW Coastal and Lakes & Mountains Realty/N Conway | $399,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/N Conway | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017