85 Ridgeway Avenue
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Signature Premier Properties | $649,999 | |
| Listed by Signature Premier Properties | |||
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Welcome home to 85 Ridgeway Ave in Three Village School District! This 1850+sqft 4 bedroom, 2.5 Bath Expanded Cape is the home that you have been waiting for. Entering into the home from the screened in porch, you will immediately fall in love with the character and charm. The main level consists of a spacious living room, formal dining room, updated kitchen with granite countertops and stainless steel appliances, den with fireplace, half bath and mudroom. Additionally there is a guest quarters which could be a possible apartment with the proper permits that has its own living room, dining area, bedroom and full bath. The upstairs has 3 additional bedrooms and a full bath. Plenty of storage available in the 2 sheds and partial basement. The fully fenced yard is an absolute piece of paradise. The large patio and in-ground pool create an absolute entertainers dream or just a peaceful backyard oasis. With taxes at $13k with the STAR credit, this home is one you will not want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017