941 Ridge Heights Drive
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 |
|---|---|---|---|
| May 3, 2016 | Sold | ||
| Sold | |||
| Nov 30, 2015 | Listed by CR Properties Real Estate | $489,000 | |
| Listed by CR Properties Real Estate | |||
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Beautiful home in the gated community of East Ridge with westerly sunset & hill views. Upgrades to include kitchen counters, plantation shutters, and wood floors with with custom baseboards and crown molding. Spacious single story 2 bed, 2 bath, 3 car garage floor plan with tons of storage. Covered patio. Premium lot location in this 80 custom home development. Many community amenities to enjoy such as clubhouse, pool, tennis courts, walking trails, fruit trees, gardening, gated & secured RV storage. Neighborhoods: East Ridge Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| Dec 19, 2013 | Sold | ||
| Sold | |||
| Sep 3, 2013 | Listed by Galante Real Estate | $475,000 | |
| Listed by Galante Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017