2133 Sand Ridge Drive
About This Property
12-acre Lago Mar crystal clear lagoon is the largest in Texas and a unique staycation destination. Lounge on white-sand beaches, swim or paddle boat in azure waters or simply enjoy the swim-up bar or dine lagoon-side on the beach boardwalk. Walking/ biking/jogging trails 3,000 sq ft clubhouse, workout facility, catering kitchen, business center and pools are just a few amenities that Lago Mar offers.
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Compass Re Texas, LLC | $299,500 | |
| Listed by Compass Re Texas, LLC | |||
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Resort style living at it's best and no need to wait on new construction! This wonderful, lightly lived in DR Horton home offers granite kitchen countertops, SS appliances, butler’s pantry and large island kitchen with open concept to family room. Spacious first floor primary bedroom with en-suite bathroom, walk-in shower, dual vanity, large walk-in closet with utility room access. Upstairs you’ll find the large gameroom, 3 spacious bedrooms with walk-in closets. Secondary bath has dual vanity, shower/tub combo. Oversized cul de sac lot, large covered backyard patio with space for a pool.
12-acre Lago Mar crystal clear lagoon is the largest in Texas and a unique staycation destination. Lounge on white-sand beaches, swim or paddle boat in azure waters or simply enjoy the swim-up bar or dine lagoon-side on the beach boardwalk. Walking/ biking/jogging trails 3,000 sq ft clubhouse, workout facility, catering kitchen, business center and pools are just a few amenities that Lago Mar offers.
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| Mar 3, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed by Hardee & Company Real Estate | $253,900 | |
| Listed by Hardee & Company Real Estate | |||
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Better things to do than soak in a tub, then this is the perfect house for you. Resort-style living at its finest, beautiful walking trails, 3,000 sq ft clubhouse, onsite workout room, catering kitchen, business center, playground, white-sand beaches, paddle boating, cabana pool, swim-up bar and floating obstacles course to keep the family entertained. After a day of fun, come relax in this DR Horton 4 bedroom 2.5 bath home. Granite kitchen countertops, SS appliances, ample cabinet space w/butler’s pantry, kitchen island opens to family room. Spacious primary bedroom with en-suite bathroom features walk-in shower, dual vanity, water closet, builtin linen shelving. Upstairs you’ll find a large gameroom, extra closet for storage, 3 spacious bedrooms w/walk-in closets. Secondary bath has dual vanity, showet/tub combo. Backyard features covered patio, spacious oversized corner lot with enough space for a pool. Contact Amanda to schedule your private showing today.
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About Texas City
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Last Updated: 4 months ago
Data Source: HAR , MLS# 77225546
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