7967 Ridgewood Drive
About This Property
newer tile throughout, new stone tile shower and new shower doors in master bath, New French doors off kitchen, new irrigation system, AC replaced in 2010, rear and sides completely fenced with gates on both sides, new grass and landscaping, screened rear patio and open front porch both with new outdoor tile, Interior recently painted. Not a zero lot line, Move in ready!
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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 |
|---|---|---|---|
| Dec 2, 2016 | Sold | ||
| Sold | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Aug 10, 2016 | Listed by Realty Associates Florida Prop | $215,000 | |
| Listed by Realty Associates Florida Prop | |||
| Oct 16, 2014 | Sold | ||
| Sold | |||
| Aug 25, 2014 | Listed by Realty Associates Florida Prop | $167,500 | |
| Listed by Realty Associates Florida Prop | |||
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About Countrywood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017