24
Map
112 Ridgeway DR
About This Property
Step inside to discover thoughtfully selected updates throughout, including hardwood flooring, fresh paint, stylish lighting, and an elegantly renovated kitchen featuring modern countertops and a chic backsplash (refer to documents for a complete list of improvements). A new dimensional shingle roof was installed in 2025, enhancing the home's curb appeal and durability.
The main level boasts a well-designed layout with a primary suite, formal dining room, breakfast area, living room, sitting room, and convenient laundry, providing both comfort and functionality. Upstairs, you'll find three spacious secondary bedrooms, each with access to a full bath, perfect for family or guests.
Enjoy the transition from indoor to outdoor living with a large three-season porch, ideal for relaxing or entertaining all year round.
This home combines classic charm with contemporary updates in a picturesque setting, close to campus making it a must-see for anyone seeking a serene retreat.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed by Compass RE Texas, LLC | $449,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017