11514 Ripplewind Drive
About This Property
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Ferris Realty | $539,900 | |
| Listed by Ferris Realty | |||
| | |||
|
Expect to be impressed w/this “almost new” GORGEOUS & PRISTINE custom home! Situated on a quiet & serene cul-de-sac w/sounds of nature & “lake fun” all around, this gorgeous 3-bedroom home w/STUDY, large island kitchen, huge screened-in porch, & 3-CAR oversized GARAGE exudes QUALITY & ELEGANCE throughout. Upon entering the home, you'll find character & “extras” galore w/the tall arched entry, abundant crown moldings, beautiful woodwork, solid custom cabinetry, extensive accent lighting, 12-ft ceilings, solar tube skylights, natural gas appliances, abundant storage, & so much more. Enjoy the backyard oasis of your dreams w/your large & private yard surrounded by nature. Located in the highly-sought Walden on LAKE CONROE community (near the exciting Margaritaville Resort), you'll enjoy LAKE RESORT LIVING at its finest to include full-service marina, championship golf, Yacht Club dining, casual dining, tennis courts, fitness center, neighborhood pools, etc… Montgomery ISD!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017