15739 Ridgegate Road
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 |
|---|---|---|---|
| Apr 5, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by The Real Estate People, LLC | $153,000 | |
| Listed by The Real Estate People, LLC | |||
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Enjoy this recently renovated one-story four-bedroom home that sits on a quiet street in Ridgemont Heights neighborhood, blocks from shopping, dining, parks, and public transit. The spacious open kitchen has been upgraded with a new backsplash and fixtures and new luxury laminate flooring in the bedrooms. The primary bedroom features a private bathroom with a walk-in closet. Convenient laundry set-up for full-size washer & dryer in the attached garage. Ample off-street parking with one-car attached garage and room for two more cars in the driveway. Easy commute to downtown Houston or nearby Sugar Land via car or public transit.
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Property Highlights
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Price/ft²
Listed On
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017