39
Map
1405 Ridgehaven DR
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 |
|---|---|---|---|
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Compass RE Texas, LLC | $750,000 | |
| Listed by Compass RE Texas, LLC | |||
| Feb 28, 2025 | Listed by HOYDEN HOMES | $425,000 | |
| Listed by HOYDEN HOMES | |||
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Prime Remodel or Redevelopment Opportunity in Austin! Located in a sought-after residential neighborhood near the vibrant Mueller District and just minutes from Downtown Austin, this property offers exceptional potential for renovation or redevelopment. With convenient access to IH-35 and HWY 290, this 1956-built home sits in a prime location, combining charm with endless possibilities. Whether you envision a stunning remodel or a brand-new build, this lot provides the perfect canvas to bring your vision to life in one of Austin’s most desirable areas. Don’t miss this chance to invest in the future of Austin real estate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017