108 Prairie Ridge 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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Relisted | $574,900 | |
| Relisted | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Winston Properties, LLC | $574,900 | |
| Listed by Winston Properties, LLC | |||
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Splash In! Welcome to this charming 3 bedroom, 2.5 bath home in the rarely available, gated neighborhood of Prairie Ridge Estates in the heart of Aledo Bearcat Country! This home sites on 1 acre with plenty of elbow room, ideal for entertaining with an inground propane heated diving pool along with the oversized covered patio with Full outdoor BBQ to enjoy those hot summer nights. Plenty of space with 2 living areas, 3 bedrooms , 2 dining areas or could also use one as a study. Recent updates include new appliances in the kitchen and freshly painted cabinets. All appliances in the kitchen and all TV's through out the home convey! This neighborhood is convenient for commuters to the DFW area with a 5 min drive to hop on I20. Very close to downtown Aledo as well and right around the corner from Aledo High School. Do not miss this fantastic opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017