10522 Justin Ridge Road
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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Redfin Corporation | $589,000 | |
| Listed by Redfin Corporation | |||
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Welcome to this gorgeous single-story corner lot home in Cinco Ranch, zoned to the Seven Lakes Schools. This well-maintained property boasts a beautiful brick and stone elevation and has been meticulously maintained by the original owner. With 4 bedrooms and 3 full bathrooms, there is plenty of space for everyone. The home also features a formal dining area and a flexible room that can be used as an office or media room. The family room boasts a gas log fireplace, high ceilings and open floor plan that seamlessly integrates the chef's kitchen with a walk-in pantry. The primary suite is a true retreat, with a bay window sitting area and ensuite bathroom. No carpet in the home, all bedrooms feature wood flooring. Outside, a covered patio provides a perfect spot for entertaining or enjoying a quiet evening in the large backyard. Located near hiking and biking trails, as well as shopping and dining. Don't miss the opportunity to make this beautiful property your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017