24
Map
1211 Ridgewood Place
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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 24, 2026 | Listed by Compass RE Texas, LLC - The Heights | $730,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Jul 11, 2026 | Price Decreased |
$745,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Compass RE Texas, LLC - The Heights | $750,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Exceptional opportunity in the heart of Spring Branch, zoned to highly sought-after Hunters Creek Elementary! Priced to sell, this beautifully updated 4-bedroom home in Ridgewood Place, an intimate gated community known for strong property values & low-maintenance living. The open-concept floor plan features soaring 2-story ceilings, abundant natural light, marble flooring in the entry & dining, wood-look tile in the living areas, custom built-ins, wet bar & striking fireplace. Updated kitchen offers custom cabinetry, granite countertops & opens to breakfast & family rooms. Spacious 1st-floor primary suite features a fully remodeled spa-inspired bath, while 3 additional bedrooms are upstairs. Recent improvements include updated kitchen, remodeled primary bath, fresh paint, energy-efficient windows, high-end carpet & new AC system. HOA covers water, sewer, trash, gate & landscaping. Low tax rate, top-rated schools & move-in ready. PRICED BELOW APPRAISED VALUE Appraisal can be provided
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017