774 Ridge Dr
About This Property
Step out onto the expansive 10x58 covered deck and take in the scenery-sitting here truly feels like being on a houseboat, surrounded by nothing but water and nature. Whether you're enjoying your morning coffee or winding down in the evening, the setting is simply unforgettable.
Inside, the home has been updated with quality finishes throughout. Features include tongue-and-groove ceilings in much of the home, a brand-new bathroom, and all-new systems for peace of mind: HVAC, plumbing, and more. Exterior upgrades include a new granite metal roof, durable metal siding, and two covered porches designed to maximize outdoor living.
A newly added carport provides convenient covered space for your vehicle or boat. Located just minutes from Calhoun's and Devil's Elbow Boat Ramps and Lake Barkley Lodge, you'll have easy access to boating, fishing, and recreation.
While there is no dock, the main channel location and proximity to boat ramps make lake access simple and convenient.
Whether you're looking for a weekend retreat, vacation rental, or full-time residence, this move-in-ready waterfront gem delivers the ultimate lake lifestyle.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Listed by RE/MAX NorthStar | $299,999 | |
| Listed by RE/MAX NorthStar | |||
| Sep 12, 2021 | No longer available | - | |
| No longer available | |||
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by RE/MAX NorthStar | $110,000 | |
| Listed by RE/MAX NorthStar | |||
| Sep 22, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017