921 RIDGEWOOD Lane
About This Property
Looking for a safe community to retire in peace or even a home for a small family with a great school district? This is it! Southwood, a beautifully maintained and very desirable community for all generations is secure with a front gate that closes at night. The concrete block home offers an open floor plan with cathedral ceilings and updated plumbing. The community pool is a great place to meet your neighbors or just relax. Just 10 minutes to the Beaches or Downtown and close to shopping as well. Book your showings today and don't miss this opportunity!! MOTIVATED SELLERS, BRING A OFFER!!
Social club, pool and lawn maintenance are included in the HOA fee.
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by WATSON REALTY CORP | $365,000 | |
| Listed by WATSON REALTY CORP | |||
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Welcome home to Southwood, one of the most desireable communities on US1 South. 921 Ridgewood Lane is an artist's canvas, waiting for your personal touch. The Laurel Model features an open floor plan, lots of natural light, vaulted ceilings, and sliding glass doors that lead to the enclosed lanai. The owners suite has coffered ceilings, a large walk in closet, direct access to the lanai, and an en-suite bath with a garden tub, and a walk-in shower. This one level home is further enhanced by an additional guest bedroom, a conveniently located guest bath, private den, lovely Florida room, and a two car garage. Lawn services and irrigation included in the monthly HOA fee of $203. Along with a cabana, pool, tennis court, and shuffleboard court. Southwood has a very active Social Committee. (Request a copy of the Southwood Scoop from the listing agent.) New roof February 2024. This small, concrete block, gated community of 207 homes, is close to everything....medical facilities, bank, grocery and restaurants. Fifteen minutes to historic St Augustine and fifteen minutes to the beach.
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| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 10, 2023 | In contract | - | |
| In contract | |||
| Aug 20, 2023 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017