7520 RIDGE BLVD #5E
About This Property
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2024
|
Studio
|
1 Bath
|
550 ft²
|
$259,000
Studio
1 Bath
550 ft²
|
$249,000
-3.86%
01/10/2025
|
Dennis McArdle
Remax Edge
| |
|
07/16/2024
|
Studio
|
1 Bath
|
550 ft²
|
$235,000
Studio
1 Bath
550 ft²
|
$225,000
-4.26%
12/02/2024
|
Arlene Waye
Awaye Realty Management LLC
| |
|
06/14/2023
|
1 Bed
|
1 Bath
|
750 ft²
|
$345,000
1 Bed
1 Bath
750 ft²
|
$345,000
10/26/2023
|
Danielle Jabour
Jabour Realty Company
| |
|
05/12/2023
|
1 Bed
|
1 Bath
|
-
|
$325,000
1 Bed
1 Bath
|
$325,000
10/04/2023
|
Renee Dorsa
Dorsa Group Realty
| |
|
01/06/2023
|
Studio
|
1 Bath
|
550 ft²
|
$225,000
Studio
1 Bath
550 ft²
|
-
-
|
Renee Dorsa
Dorsa Group Realty
| |
|
09/01/2020
|
1 Bed
|
1 Bath
|
450 ft²
|
$248,000
1 Bed
1 Bath
450 ft²
|
$255,000
+2.82%
02/03/2021
|
Mary Kae Higgins
| |
|
04/22/2019
|
Studio
|
-
|
-
|
$249,000
Studio
-
|
-
-
|
Renee Dorsa
Dorsa Group Realty
| |
|
01/03/2019
|
Studio
|
1 Bath
|
-
|
$250,000
Studio
1 Bath
|
$240,000
-4.00%
05/29/2019
|
Paul M. Perrone
Realty Connect USA L I Inc
| |
|
08/06/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/19/2018
| |
Studio
|
1 Bath
|
466 ft²
|
-
Studio
1 Bath
466 ft²
|
-
-
|
-
|
|
05/15/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
-
1 Bed
1 Bath
750 ft²
|
-
-
|
-
| |
|
03/30/2016
|
Studio
|
1 Bath
|
450 ft²
|
$189,999
Studio
1 Bath
450 ft²
|
$195,000
+2.63%
05/26/2016
|
Yin Chow Koh
Coldwell Banker Reliable Real Estate
| |
|
06/11/2015
|
Studio
|
1 Bath
|
450 ft²
|
$175,000
Studio
1 Bath
450 ft²
|
$170,000
-2.86%
10/01/2015
|
Daniel J Soldano
Dorsa Group Realty
| |
|
02/10/2014
|
1 Bed
|
1 Bath
|
750 ft²
|
$249,000
1 Bed
1 Bath
750 ft²
|
$249,000
07/09/2014
|
Daniel J Soldano
Dorsa Group Realty
| |
|
02/10/2014
|
1 Bed
|
1 Bath
|
700 ft²
|
$239,000
1 Bed
1 Bath
700 ft²
|
$230,000
-3.77%
08/28/2014
|
Daniel J Soldano
Dorsa Group Realty
| |
|
10/02/2012
|
Studio
|
-
|
-
|
$125,000
Studio
-
|
-
06/10/2013
|
Patricia Cannon
Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017