85 Ridgeline Dr
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%.
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by LPT Realty - Home & Key Group | $539,800 | |
| Listed by LPT Realty - Home & Key Group | |||
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Step into this beautifully updated 3-bedroom, 2.5-bathroom home, perfectly situated in one of Westport’s most sought-after neighborhoods. Featuring recent upgrades throughout, this home offers a seamless blend of comfort and style. The main level boasts a bright, open layout with a spacious living room, modern kitchen with stainless steel appliances, and a dining area perfect for gatherings. Upstairs, you’ll find a generously sized primary bedroom with two other bedrooms and a second full bathroom. Add in a bonus partially finished heated basement with a half-bathroom and a walk out. Enjoy summer evenings in the backyard, or take advantage of Westport’s nearby beaches, shops, and dining. With its move-in ready condition and prime location, this home is ready for its next chapter — all that’s missing is you!
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| Jun 30, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by RE/MAX Right Choice | $309,900 | |
| Listed by RE/MAX Right Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017