2442 Floral Ridge Drive
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$275,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Keller Williams Signature | $285,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to 2442 Floral Ridge Drive, a charming home nestled in the heart of Spring, TX. This beautiful property features a spacious and inviting layout, offering both comfort and convenience. The open-concept living and dining areas are perfect for entertaining, while the modern kitchen is equipped with sleek appliances, ample counter space, and plenty of cabinetry for storage. The primary suite is a true retreat, complete with a large walk-in closet and an ensuite bathroom featuring a soaking tub, separate shower, and dual vanities. The additional bedrooms are generously sized, providing ample space for family or guests. Located in a great neighborhood with Easy access to I-45 and 99 Grand Parkway. Please schedule your showing today!
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| Feb 21, 2025 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017