2430 Millvale Ridge Drive
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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 |
|---|---|---|---|
| Oct 4, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Berkshire Hathaway HomeServices Premier Properties | $497,500 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Stunning 1 story home in the sought-after Master Planned Community of Firethorne in Katy. This Ravenna Home plan2860 is located on a cul-de-sac and features 4 bedrooms 3 baths with 2 primary suites, full upgrades throughout the home. Formal dining area or Study area at the entrance with wood floors, two secondary bedrooms with recently installed LVP floors and bathroom with granite countertops. Another primary suite with ensuite bath and LVP floors. Immaculate tile floors throughout the rest of the home. Primary suite with spa like bathroom with separate shower and tub, dual sinks and an amazing walk in closet. Living room area with gas log fireplace, open floor concept with high ceilings to a great kitchen with plenty of cabinets for storage, endless granite countertops, title backsplash, SSappliances, refrigerator washer and dryer included. Breakfast area with great view to the backyard with extended covered patio and plenty of green space great for entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017