16802 Thomas Ridge Lane
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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by Houston Portfolio Real Estate | $935,000 | |
| Listed by Houston Portfolio Real Estate | |||
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Take in the exquisite details of this showcase home on the lake. The sweeping waterfront lot offers breathtaking views of the sunrise over the lake, which can be enjoyed from the beautifully landscaped backyard featuring 2 covered patios, outdoor kitchen perfect for al fresco dining year-round, pool, spa, and fire pit. Property features sumptuous wood flooring, formal dining room, study with French doors and built-ins, living room with a stone fireplace and towering windows, game room with bonus card room, home theater with tiered seating, covered balcony with stunning panoramic views, and an oversized 3-car garage. The gourmet island kitchen boasts high-end granite countertops, tile backsplash, double oven, and breakfast room. Escape to the private master suite with a sitting room, spacious walk-in closet, separate vanities, jetted tub, and shower. Only steps away from the dog park and walking trails around the lake. Zoned to highly acclaimed schools in CFISD. LOW PROPERTY TAXES.
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| May 3, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Mar 20, 2020 | Listed by Keller Williams - Platinum Houston | $750,000 | |
| Listed by Keller Williams - Platinum Houston | |||
| | |||
|
Take in the exquisite details of this showcase home on the lake. The sweeping waterfront lot offers breathtaking views of the sunrise over the lake, which can be enjoyed from the beautifully landscaped backyard featuring 2 covered patios, outdoor kitchen perfect for al fresco dining year-round, pool, spa, and fire pit. Property features sumptuous wood flooring, formal dining room, study with French doors and built-ins, living room with a stone fireplace and towering windows, game room with bonus card room, home theater with tiered seating, covered balcony with stunning panoramic views, and an oversized 3-car garage. The gourmet island kitchen boasts high-end granite countertops, tile backsplash, double oven, and breakfast room. Escape to the private master suite with a sitting room, spacious walk-in closet, separate vanities, jetted tub, and shower. Only steps away from the dog park and walking trails around the lake. Zoned to highly acclaimed schools in CFISD. LOW PROPERTY TAXES. The manager has listed the unit size as 5029 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017