2327 Floral Ridge Drive
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $325,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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With 3 major thoroughfares, dining, shopping, & entertainment within minutes this is the ideal Spring Texas location. This move-in ready 2 story will have you saying "WOW" as soon as you see the sunlight dancing off its magnificent chandelier. Luxury vinyl plank flooring guides you into the chic family room with a cozy corner fireplace. The kitchen's expansive granite counters, 5 burner range and walk-in pantry makes it as functional as it is beautiful! Tucked away at the back of the house is the king sized primary bedroom with a luxurious ensuite bathroom and a LARGE WALK-IN CLOSET. Upstairs is 3 bedrooms, a full bathroom and a spacious game room. You will LOVE the outdoor living space - a stamped concrete patio extends the entire width of the home. Plus with its HUGE covered area you can enjoy it year round. With grocery stores moments away its a quick run for drinks & food when more friends show up for the party than planned. CARPET-2024. ROOF-2023. LOW HOA fee and LOW tax rate
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About Harris
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Last Updated: 4 months ago
Data Source: HAR , MLS# 83542907
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017