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75 Ridgecrest Road
About This Property
Set on a private lot with a serene wooded backdrop, this 1-bedroom + den/office home offers a warm, rustic ambiance with an inviting wood-burning stove, large windows, and an eat-in kitchen with picturesque views. The open layout is bright and airy, while the spacious living room provides the perfect setting for cozy nights by the fire or relaxing after a day outdoors.
Nature lovers will appreciate the rare privacy-behind the home sits a privately owned, 240-acre parcel, ensuring a peaceful and secluded setting with little likelihood of future development. Enjoy the beauty of all four seasons with nearby hiking trails, lake activities, and outdoor recreation, all while being just moments from the city hustle.
The lot was previously two separate parcels and may offer a future subdivision opportunity, pending approvals and a slight variance (seller and agent make no representation).
Whether you're looking for a cozy weekend getaway, a summer escape, or a full-time nature retreat, this home is ready for you to make your own.
Don't miss this unique opportunity to own a slice of Hudson Valley paradise! Schedule a showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017