2411 Ridgebrook Lane
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 |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Oct 13, 2020 | Listed by Legacy Homes & Properties, LLC | $349,900 | |
| Listed by Legacy Homes & Properties, LLC | |||
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Come on in and welcome home! Living is easy in this impressive, beautiful, spacious 5 bedroom floorplan home. This energy star qualified home showcases a Mahogany front door and extended tiled entryway. Granite countertops in kitchen with under-mount sink and tiled backsplash. The master suite is located on the first floor and features a spa-like bathroom with a walk-in shower and tub. Upstairs you will find spacious bedrooms with walk-in closets and a family-sized game room. The Media room is pre-wired for surround sound. Huge back patio deck to relax on or enjoy with company. Located in highly desirable Shadow Creek Subdivision loaded with amenities and some of the best schools in Alvin ISD! Swimming pools, parks, golf, tennis, shopping and dining are all nearby! Easy Access to 288, Beltway 8, Downtown Houston, and The Texas Medical center. Get your private showing in fast because this is priced to move quick!
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017