1150 Sunset Ridge Road
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 |
|---|---|---|---|
| Mar 20, 2023 | No longer available | - | |
| No longer available | |||
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | In contract | - | |
| In contract | |||
| Mar 5, 2023 | Listed by Century 21 Mike Bowman, Inc. | $795,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
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Amazing water front lot on Possum Kingdom Lake! Huge sweeping views from an elevated lot that is in the exclusivity of The Ranch subdivision. The lot is over 2 acres and will accommodate a house design that fits every need imaginable. The Ranch also allows an owner to use their own builder of choice. Enjoy this gated subdivision and all the amenities it offers from a pool, tennis court, sporting clays, horse stable, security, and over 1,000 acres of common area to roam. This lot is one of the last few available on this particular block that does not have a pre-existing home.
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| Feb 15, 2023 | Listed by Century 21 Mike Bowman, Inc. | $795,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017