8 Ridgefield Drive
About This Property
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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%.
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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 6, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Century 21 North East | $349,000 | |
| Listed by Century 21 North East | |||
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6-year young manufactured Ranch with Shed and Attached garage & full-size walk-up attic on a leased lot in River Pines Park! Located just minutes off the Everett Turnpike and Rt 111 makes this a prime commuter location. A true home feeling with an abundance of amenities including an onsite swimming pool, clubhouse, fitness center, & library. Cooling off this summer will be a breeze w/ Central Air and ceiling fans in every room! As you enter into the Family Room, immediately notice the open sights into the Dining/Kitchen area. The quaint Dining space opens into a sleek Kitchen boasting an overhang for additional seating, pendant lighting, stainless steel appliances & plenty of cabinetry lines on both sides. Completing the interior of this home is a Full Bath, separate Laundry Room, Den/Office, MB w/ a full en suite, and a 2nd Bedroom. This home comes with a Transferable 10-Yr Structural Warranty! Outside enjoy the back deck overlooking the lot and a 12x12 Reeds Ferry Gambrel Shed w/ a loft offering tons of storage. Electrical is roughed in for wiring to the shed. With miles of Private Roadways within the community, a small craft boat launch on the Nashua River. The monthly community fee is $481.00 it covers the land lease, septicsystem, trash pickup, snow plowing of streets, and use of the clubhouse & pool. Residents do theiron plowing & landscaping.
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| Jul 29, 2019 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by Keller Williams Realty/Merrimack Valley | $215,000 | |
| Listed by Keller Williams Realty/Merrimack Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017