115 Ridgeway DR
About This Property
The large, bright living space, enhanced with recessed lighting, offers versatile flex room options for a second living area or dining space tailored to your lifestyle needs. The heart of the home is the modern kitchen, boasting stylish subway tile backsplashes, a contrasting island with a butcher block countertop, open wooden shelving, marbled stone countertops, and crisp white cabinetry. Adjacent to the kitchen, a convenient breakfast area is ideal for morning gatherings.
Upstairs, the split-story layout features three private bedrooms, including the primary suite with a walk-in closet and an ensuite bathroom equipped with a large walk-in shower. The secondary shared bathroom showcases striking black and white decor, complete with a shower-tub combo. The lower level reveals two additional bedrooms, an extra living space, a pristine white bathroom, and a large laundry room, offering ample space and functionality for any family.
Outside, an expansive covered patio creates an inviting outdoor living and dining area, shaded by majestic oak trees that enhance the tranquil backyard ambiance. The centerpiece of the outdoor space is a sparkling in-ground pool, secured by a wrought-iron gate for added safety and privacy, making it an ideal retreat for relaxation and entertainment.
Located in a prime position, this home offers the convenience of just a few minutes to Texas State University, a 45-minute drive to Downtown Austin, and less than 90 minutes to San Antonio.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 1, 2024 | Delisted | - | |
| Delisted | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by Teifke Real Estate | $585,000 | |
| Listed by Teifke Real Estate | |||
| Apr 30, 2022 | No longer available | - | |
| No longer available | |||
| Apr 11, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017