8585 Golden Ridge Road
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Professional Realty Services | $850,000 | |
| Listed by Professional Realty Services | |||
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Reasons to Make This Home Yours: 1. Paid Solar System: Enjoy energy savings with a fully paid solar system that includes a hot water heater assist. Plus, the property entry gate is solar-powered! 2. Income Potential: A studio ADU offers an excellent opportunity for additional income (permits status unknown). 3. Mid-Century Charm: Experience the original mid-century design featuring an inviting kitchen, spacious primary suite, convenient laundry, and a walk-in pantry. Quartz counters with custom mosaic tile island and stainless steel appliances. Check out the pull outs and extra accessories inside drawers and cabinets. 4. Versatile Enclosed Patio: This enclosed patio (permits status unknown) is perfect for a family room, office, bedroom, art studio, or exercise room. 5. Cozy Fireplaces: Enjoy the warmth and ambiance of two fireplaces throughout the home. 6. Vintage Bathroom: Appreciate the character of a beautifully preserved 1950s tiled bathroom. 7. Abundant Storage: Find ample storage space throughout the home to keep your belongings organized. 8. Spacious Primary Suite: The primary suite boasts two closets, additional storage, and a built-in vanity for your convenience. 9. Lush Fruit Trees: Delight in a variety of fruit trees, including avocado, Satsuma tangerine, apricot, cherry, orange, and lemon, along with room for a vegetable/fruit/flower garden. 10. Breathtaking Mountain Views: Relax and unwind while taking in spectacular mountain views from your new home. 11. Storage: Garage with workbench and a carport with attached storage shed. This property offers a unique blend of features and potential that you won’t want to miss! Make sure to watch the video!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017