98 Ridge Rd
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 |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jan 1, 2019 | Listed by Wolcott Realty | $499,999 | |
| Listed by Wolcott Realty | |||
| May 29, 2013 | Sold | ||
| Sold | |||
| Jun 2, 2011 | Listed by Jones Group REALTORS® | $375,000 | |
| Listed by Jones Group REALTORS® | |||
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Located across from Worthington Golf Club on 8 sloping acres with brook. Unique blend of Traditional and Contemporary styles. Features include 3 bedrooms and 3 baths, with 2 each on main level and one each on lower level. Large living room with vaulted ceiling; wood & tile floors. Radiant floor heat in kitchen, baths and lower level, large deck and screened porch, 2 car garage. Lower level has four more finished room for a possible (in-law) apartment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017