29
Map
220 Charles Ridge Drive
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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$269,995
↓ $28K
(9.5%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Connect Realty.com | $298,170 | |
| Listed by Connect Realty.com | |||
| |||
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Discover this energy-efficient home in Conroe with future access to a private residents-only boat ramp. Designed for modern living, it features high-performance insulation, energy-efficient appliances, a tankless water heater, and LED lighting to help lower utility costs. The stylish kitchen boasts granite countertops, white cabinetry, a functional island with seating, a double sink, and pendant lighting. A gas range, built-in microwave, and dishwasher make meal prep easy. The open layout connects to the dining and living areas, creating a great space for entertaining. Upstairs, the primary suite offers high ceilings, a walk-in closet, and an ensuite bath with dual vanities, ample counter space, and a large glass-enclosed shower. Secondary bedrooms are spacious with generous closet space. The backyard provides plenty of room for pets, play, or relaxation. Schedule your showing today!
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| May 2, 2025 | Sold | ||
| Sold | |||
Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017