140 Spring Ridge
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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 |
|---|---|---|---|
| Mar 26, 2022 | No longer available | - | |
| No longer available | |||
| Mar 10, 2022 | Listed by Texas Premier Realty | $379,900 | |
| Listed by Texas Premier Realty | |||
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Beautiful Hill Country Home close to boat ramps and the golf course. This home has a lovely open floor plan, offers granite counters, and a stainless and black appliance package. Great space for entertaining! The master bedroom has a generous walk-in closet, en-suite with dual vanities and a walk in shower. Great opportunity for a vacation rental! Schedule your showing today! The manager has listed the unit size as 1402 square feet.
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| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by eXp Realty | $33,500 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017