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22125 DRAW BRIDGE DRIVE
About This Property
This home truly has it all! Ready to see it for yourself? The Royal Highlands community provides an unparalleled lifestyle. This premier Pringle resident-owned community offers a manned gate, indoor and outdoor pools, lighted tennis courts, pickleball, bocce, an 18-hole golf course with a restaurant and pro shop, and a vibrant recreation center with a library, billiards, fitness center, and more! HOA fees cover Comcast cable and internet, plus secure RV/boat parking and storage. All this, just moments from Southlake Hospital-Blue Cedar.
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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 28, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Price Decreased |
$377,000
↓ $13K
(3.3%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by VANGIE BERRY SIGNATURE REALTY | $390,000 | |
| Listed by VANGIE BERRY SIGNATURE REALTY | |||
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About Royal Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017