7705 RIDGEPARK COURT
About This Property
Inside, you'll find thoughtful updates throughout, including a fully renovated primary bathroom completed in 2024. The kitchen has been refreshed with updated cabinetry and stainless steel appliances, creating a clean and modern feel. The walk-up basement provides excellent additional living space and convenient backyard access.
Major system upgrades offer peace of mind, including a new roof installed in 2024, basement A/C replaced in 2023, attic A/C replaced in 2019, and a tankless hot water heater replaced in 2023.
Located in the desirable Pohick Woods community, this move-in ready home combines modern updates, practical features, and inviting indoor-outdoor spaces in a fantastic location convenient to shopping, dining, parks, and commuter routes.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017