12315 Ridgeside Drive
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 |
|---|---|---|---|
| Nov 17, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Dogwood Realty Partners, LLC | $129,000 | |
| Listed by Dogwood Realty Partners, LLC | |||
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Back on market, buyer could not close loan. Great starter home or could be a great investment property. High rental market area in southwest Houston. 2/2 baths with split floor plan, fresh interior paint, tile flooring, new carpet, high vaulted ceilings, brand new cooking range & dishwasher, covered patio/deck area, epoxy garage floors, double driveway parking, AC is less then 5 years old, new roof and BONUS washer/ dryer with sale of house! This one will defitately go quick!
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Property Highlights
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About Westside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- Studio
- 12,000 ft²
$1,250 /mo
- 2 Beds
- 2 Baths
- 1,068 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017