11755 Westridge 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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 17, 2024 | Relisted | $199,900 | |
| Relisted | |||
| Feb 5, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Hodde Real Estate Company | $199,900 | |
| Listed by Hodde Real Estate Company | |||
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Country retreat close to Lake Somerville. This ±8.21 acres offers a beautiful country atmosphere less than 10 minutes from Rocky Creek Park at Lake Somerville. Immerse yourself in nature and enjoy the privacy and seclusion that this heavily wooded tract with large pond provides. This property provides the ideal setting for outdoor enthusiasts and nature lovers. With ample space to build, the property presents an incredible opportunity to create your dream weekend getaway or your permanent residence. Whether you envision an RV, a manufactured home, or cozy cabin tucked away in the woods, the possibilities are endless. Escape the hustle and bustle of city life and embrace the tranquility that this land offers. Wake up to the soothing sounds of nature and the view of your pond off of the back patio. Have your boat on the lake in 15 minutes. Don't miss out on the chance to own your own piece of paradise. 16 miles from Brenham, 32 miles from College Station, and 70 miles from Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017