211 Verde Ridge
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 |
|---|---|---|---|
| May 26, 2020 | No longer available | - | |
| No longer available | |||
| Apr 20, 2020 | Listed | $304,900 | |
| Listed | |||
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This spacious home is located on a quiet culdesac in the gated community of Mesa Verde in Stone Oak. Beautifully updated kitchen includes granite, SS appliances with double oven, island and all of this open to the family room. Wood laminate floors throughout most of the downstairs with crown molding and tons of natural light. Generous size Master up with fresh paint and updated tile in the shower. Great outdoor deck perfect for entertaining and low maintenance backyard. Water Heater - 12/16, Water softener with reverse osmosis included, Roof 2018, Gutters and rain water collector. Prime location minutes from exemplary school district, restaurants and shopping! The manager has listed the unit size as 3053 square feet.
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| Apr 21, 2009 | Sold | ||
| Sold | |||
| Jan 5, 2009 | Listed by Keller Williams Legacy | $215,000 | |
| Listed by Keller Williams Legacy | |||
| Aug 8, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017