2431 Ripplewood 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 |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by eXp Realty, LLC | $669,000 | |
| Listed by eXp Realty, LLC | |||
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Stunning remodel nestled on lush landscaped .59 acre lot in highly sought after Carriage Hills! Designer touches throughout including hardware, lighting & luxury flooring. Open concept floorplan features oversized dining/living combo w/ beautiful herringbone brick fireplace. Dream kitchen w/designer finishes & new SS appliances. Beautiful custom wood cabinetry, dimensional tile backsplash, extra counterspace w/seating & entertaining friendly layout with easy backyard access. Primary bedroom down is complete w/ magazine worthy spa inspired bath including walk in shower & stand alone soaking tub. Family friendly layout w/spacious laundry & mud room for storage. Large game room up w/ stunning vaulted ceiling & three spacious secondary bedrooms with shared access to oversized resort style bath! Summer ready private backyard is complete with beautiful pool, covered patio, & charming storage shed. Your dream home awaits! Great Woodlands schools, close to shopping, dining & entertainment.
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| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Summit Realty | $699,000 | |
| Listed by Summit Realty | |||
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Spectacular remodel!! .59 acres. 4 bedrooms, 3 full baths, located in Conroe TX. The interior design is by Madison Avenue Design. Beautiful spacious home with plenty of natural lighting. With new luxury flooring, custom-built solid wood cabinetry throughout the home. Herringbone brick fireplace with custom mantle design. New stained white oak stairs and iron railing. Frameless shower glass doors in bathroom with freestanding vanity tub. Fresh paint throughout, New light fixtures. The kitchen has plenty of cabinet space with stainless steel appliances and granite countertops. Gameroom is on the second floor. The backyard is fenced and spacious with an inground pool perfect for family and entertaining. Also, there is a covered patio and shed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017