2424 Rolling Ridge Road
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 8, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Coleman & Patterson, LLC | $2,750,000 | |
| Listed by Coleman & Patterson, LLC | |||
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Welcome to Enchanted Farms. Set on a hilltop in the heart of Caldwell County, this beautiful property is the quintessential Central Texas recreational ranch. Encompassing over 83 acres of rolling woods and pasture, the ranch features a beautiful custom home on a hilltop and nearly half a mile of wet weather creek. Set back over half a mile from the County Road, the 5,194 square foot plantation style residence is extremely private. With 3 bedrooms, 4.5 baths, game room with full bar, office, large living room with vaulted ceilings and a formal dining room; this home can accommodate large parties. Large porches on both the first and second stories offer great views of the surrounding countryside and in the back of the home you will find a covered porch and deck overlooking the pool and hot tub. Ornately designed and finished out, this home was constructed with hosting in mind. With Ag Exemption and access to community water, the ranch has historically been used to run cattle and horses
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017