16138 Ridge Park Drive
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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 |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by RE/MAX The Woodlands & Spring | $344,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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For the first time in over 10 years this charming 4 bed 3.5 bath has hit the market! Located in the peaceful Copperfield Southdown Village subdivision; this 2600 square foot corner lot home sits on just shy of a quarter acre. The kitchen has been recently renovated with beautiful countertops as well as fresh paint throughout. This house is bursting at the seams with character from the wainscoting to the crown molding. Come see this one in person today!
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About Copperfield Southdown Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017