10825 Ridge Spring Drive
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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 |
|---|---|---|---|
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Compass RE Texas, LLC. | $595,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Located in the heart of Lochwood Meadows near White Rock Lake, this 4-bedroom 2.5 bath home has been beautifully maintained and is move-in ready! With a flexible floor plan including bright formals, spacious family room with stone fireplace, sunroom & office, this property is ideal for working at home and entertaining. Spacious kitchen opens to bfast room with access to recently turfed side yard. 3 additional bedrooms with full bath on first floor. Upstairs features an oversized master with large walk-in closet and private balcony overlooking pool and beautifully landscaped backyard. House also includes an attached 2-car garage. Excellent value in Lochwood, this wonderful home should not be missed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017