Condo / High-rise home in Ridgewood, NY
This Condo multifamily home in Ridgewood, NY offers 16 bedrooms and 9 bathrooms across 9,000 square feet. Its Condo character defines the property's look.
| Price | $7,095,555 |
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| Beds | 16 |
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| Baths | 9 |
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| Sqft | 9000 |
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| Architectural style | Condo / High-rise (37% match) |
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| Address | 614 Woodward Avenue, Ridgewood, NY 11385 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $7.1M, this home is 1085% above the $599K median for 7166 similar Condo / High-rise homes in New York, NY.
- That works out to $788 per square foot, 37% above the $574 comparable rate.
- On the market 9 days.
| This home | $7,095,555 |
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| Condo / High-rise median in New York, NY | $599,000 (7166 homes) |
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| Price per sq ft | $788 vs. $574 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $51,670/month with 20% down at a 7.28% 30-year fixed rate. You would need about $2,214,431 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $38,839/mo |
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| Property tax (new-buyer reassessed rate) | $10,170/mo |
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| Homeowners insurance | $2,661/mo |
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| Total monthly | $51,670/mo |
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| Down payment (20%) | $1,419,111 |
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| Income needed | $2,214,431/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (56 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (56/100) |
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| Beats renting in | 5% of modeled paths |
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| Modeled 5-yr equity (median) | $3,056,434 |
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| Range (10th to 90th pct) | $1,714,721 to $4,603,205 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward New York, NY where local data is thin.
Local home values
Typical home values in New York, NY have risen about 28% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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