23303 Ridge Spring Drive
About This Property
Extended Foyer - 13' ceilings. 2 Sets French doors to Executive Study and Additional Office/ Craft or Game Room
Chefs Kitchen with Walk In Pantry and Oversized Island (Quartz Countertops) open to Great Room with Fireplace and Double Stacked Windows.
Master Bedroom Suite with Dual Walk In Closets
Expansive Covered Porch with TV Mount Overlooks the fully fenced and private back yard.
3 Car Oversized Tandem Garage, 1/2 Mile to the Travola Rec Center, Pool, and Playground.
Easy access to US 59 and the Grand Parkway, Tavola is very convenient to Employment ie. Greenspoint Business District, Downtown, and Bush Intercontinental Airport.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Price Decreased |
$459,900
↓ $19K
(4%) | |
| Price Decreased | |||
| Jan 6, 2025 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Dec 27, 2024 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017