1061 Ridgewood 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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Listed by HUNT Real Estate Corporation | $69,900 | |
| Listed by HUNT Real Estate Corporation | |||
| | |||
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Welcome to this charming 3-bedroom, 2-full bath, double-wide mobile home in The Woodlands. Featuring new LVP flooring throughout with some carpet, the spacious living area includes a cozy gas fireplace with a built in entertainment center, large kitchen with separate dining room with built-in bar. Primary suite offers a garden tub and walk in shower. The roof 9 years old, New HWT 2024, furnace 2010, there is central air but it needs some repair (sold as-is).
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| Aug 28, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017