2202 S Ridge Crossing
About This Property
Step through striking modern glass entry doors into a grand foyer that flows effortlessly into a formal dining area framed by expansive windows. The heart of the home is the chef's kitchen, beautifully appointed with custom cabinetry, stone countertops, a large center island with seating, gas cooktop with pot filler, double ovens, built-in refrigerator, and a walk-in pantry with additional butler's pantry space. The kitchen flows seamlessly into the spacious living area, highlighted by a custom stone fireplace and large windows overlooking the outdoor living space.
Retreat to the luxurious master suite, featuring dual vanities, a deep soaking tub, a wrap-around shower, and two separate closets - a peaceful sanctuary after a long day. Upstairs, a versatile loft area adds flexible space for a media room, game lounge, or study. This home has a second primary suite includes its own ensuite bathroom and generous closet space, perfect for extended family or long-term guests.
Additional highlights include a three-car garage, custom interior finishes, and thoughtful design throughout. Experience the perfect blend of craftsmanship and functionality in one of Abilene's most sought-after neighborhoods.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017