1504 Ridgeview Trail
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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, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Parker Properties Real Estate | $250,000 | |
| Listed by Parker Properties Real Estate | |||
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Multiple offers- best and final by 7.24 at 3pm. COMPLETELY remodeled, you won't want to miss this outstanding property. High speed fiber internet is available! The location could not be more convenient, 7 mins to the lake and 10 minutes to historic & gorgeous downtown Granbury!!Open concept home will make hosting your friends a breeze, people can even spill out on the large covered back deck! The home has new flooring, textured walls, fresh paint, new windowpanes & a LARGE custom shower in the primary bathroom.Meticulous care was taken to upgrade this home and pride in ownership seeps from every nook and cranny.The underpinning is metal and all of the outbuildings are built out of metal, built to last! The property has a mixture of trees and cleared area, you'll see a wildlife daily.On this over an acre of land, you'll have a large metal RV cover with an electric connection, a metal shop with electricity & an additional enlarged carport. The enlarged carport could be used for shade!!
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| Apr 1, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Keller Williams Realty FtWorth | $200,000 | |
| Listed by Keller Williams Realty FtWorth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017