7501 Ridge Boulevard #2E
About This Property
The manager has listed the unit size as 800 square feet.
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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 |
|---|---|---|---|
| Jan 8, 2022 | No longer available | - | |
| No longer available | |||
| Dec 11, 2021 | Price Decreased |
$255,000
↓ $23K
(8.3%) | |
| Price Decreased | |||
| Nov 9, 2021 | Price Decreased |
$278,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Oct 9, 2021 | Price Decreased |
$288,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Aug 4, 2021 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2025
|
1 Bed
|
1 Bath
|
750 ft²
|
$335,000
1 Bed
1 Bath
750 ft²
|
$325,000
-2.99%
09/04/2025
|
Inna Kalin
Halstead Property, LLC
| |
|
06/08/2022
|
1 Bed
|
1 Bath
|
750 ft²
|
$325,000
1 Bed
1 Bath
750 ft²
|
$255,000
-21.54%
01/18/2023
|
Eric Zhukovsky
CityWide Deals
| |
|
07/27/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$445,000
2 Bed
1 Bath
1000 ft²
|
$415,000
-6.74%
01/05/2022
|
Ho Men Cheung
Exit Realty Best
| |
|
03/06/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$350,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
03/09/2020
|
1 Bed
|
1 Bath
|
780 ft²
|
$325,000
1 Bed
1 Bath
780 ft²
|
-
-
|
-
| |
|
06/12/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
Minnie Lin
MOMENTUM REAL ESTATE LLC
|
|
09/25/2013
|
2 Bed
|
1 Bath
|
1055 ft²
|
$379,000
2 Bed
1 Bath
1055 ft²
|
$350,000
-7.65%
06/25/2014
|
Carmela Disilvio Gallotta
Dorsa Group Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017