12856 Ridge Spring Drive
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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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by RE/MAX DFW Associates | $725,000 | |
| Listed by RE/MAX DFW Associates | |||
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Phenomenal 5 bedroom Gem w-fabulous flow featuring Primary & Guest Room down plus spacious study. Upstairs boasts 3 big bedrooms, game & media rooms. Gourmet, beautiful kitchen has gas cooktop, butlers pantry, recipe desk & view thru dining to Large Family Room w-lovely stone fireplace. Kitchen & Family Room enjoy light, bright view of the outdoor living-dining-pool area. Spectacular, private yard also has glass firepit & nice Teddy Bear Magnolias. Very energy efficient w-Radiant Barrier, Low E Windows & 16 seer HVAC. Other great features include imported high end carpet for media room, elegant double staircase w-wrought iron spindles, newly built outdoor kitchen. The Ultimate Home For Living & Entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017