89 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 |
|---|---|---|---|
| Feb 26, 2020 | Listed by RE/MAX Classic Realty | $229,500 | |
| Listed by RE/MAX Classic Realty | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | No longer available | - | |
| No longer available | |||
| Apr 11, 2020 | Listed by RE/MAX Classic Realty | $229,500 | |
| Listed by RE/MAX Classic Realty | |||
| | |||
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Single family home set on 5.1 private acres with mountain views. Large EIK with ss appliances w/SGD's to enclosed deck, basement has summer kitchen, bath, playroom, den, office, laundry, walk-out that's finished storage not included in sq. ft. It's a perfect M/D set up. Features long winding recently paved driveway, updated kitchen, newer furnace. Also has 2 storage sheds on property. Needs some outside cosmetics. You won't find many homes in this price range that offers what this property has. A must see, won't last. The manager has listed the unit size as 1400 square feet.
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| Feb 26, 2020 | Listed by RE/MAX Classic Realty | $229,500 | |
| Listed by RE/MAX Classic Realty | |||
| | |||
|
Single family home set on 5.1 private acres with mountain views. Large EIK with ss appliances w/SGD's to enclosed deck, basement has summer kitchen, bath, playroom, den, office, laundry, walk-out that's finished storage not included in sq. ft. It's a perfect M/D set up. Features long winding recently paved driveway, updated kitchen, newer furnace. Also has 2 storage sheds on property. Needs some outside cosmetics. You won't find many homes in this price range that offers what this property has. A must see, won't last.
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