1405 Highland Ridge RD
About This Property
This home has been preinspected, with all necessary repairs completed, ensuring a move-in-ready experience. Its prime location just five minutes from HEB and ten minutes from Interstate 35 places daily conveniences within easy reach, adding to its appeal.
Residents of the Oaks at San Gabriel enjoy access to a host of amenities that enhance their quality of life. The community features expansive green spaces for outdoor activities and leisurely walks, along with facilities for community events that foster a sense of camaraderie among neighbors. The serene atmosphere is an ideal backdrop for relaxation and enjoying the natural surroundings.
The neighborhood also offers the advantage of proximity to top-rated schools, which is a significant benefit for families. A variety of shopping and dining options are available nearby, catering to a wide range of tastes and preferences. Whether it's exploring local natural attractions or participating in the vibrant local culture, the Oaks at San Gabriel provides a comprehensive lifestyle that combines comfort, convenience, and community engagement.
This property is not just a home but a gateway to a lifestyle that values both community connections and individual tranquility, making it a perfect choice for those seeking a harmonious living environment.
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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 |
|---|---|---|---|
| Jul 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 22, 2024 | Price Decreased |
$530,000
↓ $30K
(5.4%) | |
| Price Decreased | |||
| May 31, 2024 | Price Decreased |
$560,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by SKTX Inc | $565,000 | |
| Listed by SKTX Inc | |||
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About Williamson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017