16922 Upper 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 |
|---|---|---|---|
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Walzel Properties | $285,000 | |
| Listed by Walzel Properties | |||
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Well maintained Chesmar home, located in the community of Eagle Springs. NEVER FLOODED! Walking distance to Atascocita Springs Elementary and the Valley Lodge Splash Pad! Home features: high ceilings, formal dining, upgraded wood flooring, and stone elevation. Tile flooring in kitchen / breakfast area and owner's bath. Gourmet Kitchen has granite counter tops, stainless steel appliances, and a breakfast bar open to the spacious family room with views of the backyard. Owner’s retreat with dual vanities, whirlpool tub, separate shower, and walk-in closet. Upstairs has a large game-room and 3 large secondary bedrooms/closets. Home has covered front & back porch and a recently installed high efficiency air conditioner unit. Neighborhood amenities include club-house, sports & fitness center, 2 resort style area pools, splash pad, sport fields, parks, and tons of other outdoor activities. Easy access to IAH Airport, BW 8, 59, and Lake Houston. Schedule your showing today!
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Property Highlights
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Price/ft²
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017