1604 Casting Ridge
About This Property
The brick and stone exterior, bronze window frames, and professional landscaping create an attractive first impression, while the homesite provides views of some of the community's most desirable outdoor spaces. Inside, soaring 20-foot ceilings and expansive windows fill the home with natural light, highlighting the custom paint, designer wall treatments, window coverings, and upgraded lighting found throughout this former model. Additional highlights include upgraded flooring, metal stair balusters, upgraded interior and exterior doors, ceiling fans, designer bath finishes, custom electrical and low-voltage features, full gutters, and included kitchen appliances. Every detail has been carefully selected, creating a cohesive, move-in-ready living experience. The open-concept kitchen, dining area, and great room serve as the heart of the home, creating a seamless space for gathering and everyday living. Upgraded cabinetry, quartz countertops, under-cabinet lighting, a designer backsplash, upgraded fixtures, roll-out storage, and a large center island blend style and functionality. Privately situated, the primary suite features dual vanities, a garden tub, an oversized tiled shower, and a walk-in closet with three levels of hanging space. Upstairs, the game room offers flexible space for movie nights, hobbies, or entertaining, while three secondary bedrooms and two full bathrooms provide room. Located in Solterra Texas, residents enjoy access to resort-style amenities, including a pool, trails, parks, and gathering spaces.
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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 |
|---|---|---|---|
| Nov 2, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Price Decreased |
$569,990
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$574,990
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$589,990
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$609,990
↓ $16K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017