8908 Ridgewell RD
About This Property
As you step inside, discover a well-designed floor plan that effortlessly accommodates both daily living and entertaining. The heart of the home is a chef's kitchen that opens to one of the living rooms, creating a seamless flow for family gatherings and social events. The kitchen is equipped with modern appliances, ample storage, and a breakfast bar, making it a delightful space for culinary enthusiasts.
The residence features four generously sized rooms, offering flexibility for a home office, guest room, or personal hobby space. The master suite is a haven of tranquility, complete with an en suite bathroom, creating a private retreat for relaxation.
Designed for optimal enjoyment, this home comes with not one but two living rooms, providing ample space for relaxation, entertainment, and creating lasting memories with loved ones. Picture cozy evenings by the fireplace or movie nights with friends – this home is designed for the perfect blend of comfort and functionality.
Outside, the home's charm extends to the front facade, showcasing a classic brick exterior that exudes curb appeal. Imagine enjoying your morning coffee on the porch or watching the world go by from this inviting vantage point.
Convenience meets community living, as this home is strategically located right next to the community pool and park. Embrace the joy of easy access to recreational amenities, fostering a sense of community and providing endless opportunities for outdoor activities.
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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 |
|---|---|---|---|
| Jun 9, 2023 | Listed by Vince Realty | $435,000 | |
| Listed by Vince Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017