2471 Ripplewood Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Walzel Properties - Conroe | $504,900 | |
| Listed by Walzel Properties - Conroe | |||
| Dec 21, 2023 | No longer available | - | |
| No longer available | |||
| Sep 21, 2023 | Listed by Walzel Properties - Willis | $514,900 | |
| Listed by Walzel Properties - Willis | |||
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This 4 bedroom, 2-1/2 bath on 1/2 acre is a Kurt Homes' showcase home. This home offers a large family room with fireplace, kitchen with granite countertops, tile backsplash and tile flooring There is a formal dining and breakfast area along with 1/2 bath down. The primary suite is downstairs and offers dual sinks, soaking tub and separate shower with walk-in closet. Upstairs offers three bedrooms, a large game room and full bath with tub/shower. The spacious fenced backyard offers a covered patio/deck and Pergola with hot tub, - 7 Yrs old and great outdoor living space with mature trees and room for a pool. Updates: HVAC- 7 Yrs with extended warranty, Water heater - 2 Yrs, Fence - 4 Yrs, septic compressor - 6 Mo, and gutters with leaf guards. Carriage Hills Community offers Low Tax Rate, No MUD, Woodlands Schools, subdivision pool, tennis courts, basketball courts, fishing pond and a playground.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017