131 N Ridge Trail
About This Property
The primary bedroom features an en-suite bath and walk-in closet, while three additional bedrooms offer flexibility for guests, a home office, or play space. The backyard is a blank slate, ready for your personal touch-whether that's a garden, playset, or cozy patio setup.
Situated in a desirable Prosper neighborhood close to highly rated schools, shopping, dining, and major roadways, this home is ready for new owners to enjoy! Seller will consider concessions to buy down interest rate.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$545,000
↓ $14K
(2.5%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed by RE/MAX Signature Properties, M | $559,000 | |
| Listed by RE/MAX Signature Properties, M | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017