858 Ridge Road
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $1,095,000 | |
| Listed | |||
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Secluded Tier 1 Lot on the West Shore. All furniture and fixtures included! Boat dock included! Security gates, long brick accented driveway with low maintenance artificial turf, apple trees and massive pines. Charming cabin décor featuring a focal point antler chandelier, wood beamed ceilings, 3 stone accented fireplaces, spacious dining room and open concept kitchen with oversized island, glass cabinet displays, built-in wine rack, sub-zero refrigerator, and gas cooking. Two separate living areas with granite wet bars located on separate floors, plus an upstairs master retreat. The owner’s retreat features an electric fireplace, dual mirrored closets, cathedral wood ceilings and accent shelving. The owners bath includes a bear clawed tub, an old fashion Victorian style pull-chain toilet, separate shower, dual sinks and a separate dressing vanity. Comfortable sleeping for 12 guests in the 4 spacious bedrooms and 2 pull out sofas. Main level bedroom features a built-in desk with overhead cabinets. Beautiful hand painted accents feature mountain living and wildlife at it’s best. Recessed lighting, dual pane windows, 3 AC units, automatic living room blinds, shutters, and ceiling fans. Inside laundry with spare refrigerator and cabinets plus a spacious dug out storage room with built-in cabinets and an amazing amount of storage. 3 expansive decks, 2 are composite w/ gorgeous views. Lighted stairs. Your included boat slip features a shared covered pavilion and composite dock. The manager has listed the unit size as 2809 square feet.
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| Jun 18, 2018 | Listed by Seven Gables Real Estate | $1,095,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017