2415 Slate Ridge 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 |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by eXp Realty, LLC | $389,900 | |
| Listed by eXp Realty, LLC | |||
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**Welcome home to 2415 Slate Ridge Lane! This stunning 2-story home sits at a spacious 2,614 sq ft and boasts 5 bedrooms, 3 1/2 bathrooms, and an upstairs flex area! This home has an amazing location on a 8,382 sq ft CORNER LOT in the community of Falcon Ranch with 2 Parks, Tennis courts, a Pool & Splash Pad, Adjacent Walking Trails, a Neighborhood Clubhouse, and is zoned to the highly sought after KATY ISD! You'll love all the incredible features this home has to offer, including an open floor plan, beautiful granite countertops, a luxurious master suite, an elegant dining room, a spacious upstairs flex room, and so much more! Schedule your private showing to see more of this gorgeous home! Conveniently located near 99 Grand Parkway, Katy Town Center for shopping, dining, & entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017