2419 Bailey 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 |
|---|---|---|---|
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Realty ONE Group, Experience | $1,779,000 | |
| Listed by Realty ONE Group, Experience | |||
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Gorgeous Toll Brothers Custom home in the exclusive gated community of The Reserve at Katy. Located on a cul-de-sac, this home is zoned to the top rated KatyISD and has easy access to I-10. This home is nestled in a quiet, gated neighborhood and boasts incredible upgrades. Remote powered shades, Sonos sound system throughout the entire home, whole home survellaince monitoring, and WHOLE home generator are just a few of the many upgrades. Read the photo captions to learn more about the additions and upgrades this home has to offer, as well as what is staying with the home; such as all T.V.s and audio equipment, Lighting and media that is on Control 4 System, theater room equipment and beautiful leather seating just to name a few. This home also has a mosquito mister around the sides and back of the yard, water purification system, home gym with A/C and equipment, Lutron lighting throughout the home, MYQ remote app for garage, and epoxy flooring on garage floors. Won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017