122 Ridge DR
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 |
|---|---|---|---|
| Aug 8, 2026 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by Zina & Co. Real Estate | $299,750 | |
| Listed by Zina & Co. Real Estate | |||
| Dec 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 13, 2025 | Price Decreased |
$299,999
↓ $50K
(14.3%) | |
| Price Decreased | |||
| Jul 15, 2024 | Listed by Zina & Co. Real Estate | $350,000 | |
| Listed by Zina & Co. Real Estate | |||
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Discover the lake lifestyle with Lake Travis living in this custom home, never on the market before, in the quiet community of Eagle's Bluff, Spicewood, TX. This home may make an excellent multi-generational option. Downstairs boasts an open large area with window/wall ac and electric heater, laundry/kitchenette, full bathroom, and additional room that is referenced as the third bedroom, alongside the one-car garage. Ascend upstairs to find the main living and dining, full kitchen, two bedrooms, and full bathroom. Large balcony extends across the back of the house. Tranquil setting is complemented by a private screened chiminea area for lounging and relaxing. Storage building/workshop is perfect for the hobbyist and attached to the two-car carport. This striking residence is perched on two generously sized lots, presenting a unique opportunity to own a piece of paradise with unparalleled potential for customization and expansion. With its blend of comfort and access to nature's finest, it's poised to be the backdrop for your most cherished moments. Welcome to your Lake Travis sanctuary, where every day feels like a getaway. This property has tons of opportunities and is priced to sell. Check it out now before it is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017