15407 Backbone Ridge Drive
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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%.
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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 5, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Paragon Property Group | $495,000 | |
| Listed by Paragon Property Group | |||
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Stunning 1-story home nestled in Bridgeland’s Parkland community with its sought after parks and amenities! This open-concept gem has a spacious living & dining area, a gourmet island kitchen with sleek 36" cabinets and a walk-in pantry. The luxurious primary suite features dual vanities, a separate soaker tub, and a generous walk-in closet. There is a secondary bedroom with its own full bath and 2 other bedrooms that share a bath. Need to work from home? The study, complete with a smart home system, provides a quiet place to get things done. Unwind on the inviting covered patio, perfect for entertaining or relaxing. Built with energy efficiency in mind, this home includes a radiant barrier and a high-efficiency AC system. 2-Car garage with a dedicated electrical line for a freezer. Conveniently located near shopping, dining, and SH 99. Students attend top-rated CFISD schools.
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| Aug 21, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Re/Max Universal | $333,590 | |
| Listed by Re/Max Universal | |||
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NEW Lennar Homes Brookstone Collection,''Russo-B" Plan with Brick Exterior in lovely Bridgeland! Awesome 1-Story, 4 Bedroom, 3 Full Bath, 2 Car Garage + Open Dining Room, Family Room & Spacious Study. ''Everything's Included'' home features an Open Island Kitchen with 36'' Designer Cabinets, Granite Countertops & great Stainless Steel Appliance Pkg! Master Suite has Dual Sinks, Separate Tub & Shower and large Walk-in Closet. Several rooms have Boxed Windows & Study has French Doors! Resilient Wood-look Vinyl Plank Floors in Main Areas, Tile in Baths & Utility Room! Covered Back Patio, 2'' Faux Blinds, Ceiling Fans, Crown Moulding per plan, Radiant Barrier Roof Decking, 16 SEER HVAC System & more! This home is a Wi-Fi CERTIFIED smart home featuring integrated automation and voice control with Amazon Alexa.
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About Harris
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Last Updated: 5 months ago
Data Source: HAR , MLS# 90241624
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017