2501 Clover Ridge
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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Price Increased |
$450,000
↑ $10K
(2.3%) | |
| Price Increased | |||
| Sep 17, 2025 | Listed by Simien Properties | $440,000 | |
| Listed by Simien Properties | |||
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*ACCEPTING BACK UP OFFERS.
Situated on a spacious corner lot in the heart of League City, this well-maintained home offers a flexible layout and thoughtful updates in a prime location, just a short walk to Goforth Elementary school. Minutes from shopping, dining, parks, and major roadways, it blends convenience with comfort. Inside you'll find tall ceilings, abundant natural light, and no carpet. The open kitchen features ample cabinet and counter space plus a walk-in pantry—perfect for entertaining. The primary suite includes a separate tub and shower and a remodeled walk-in closet. Additional highlights: a dedicated office that can be a 5th bedroom, double-pane windows, and an oversized garage with attached carport. No MUD tax, not in a flood zone. Roof 2020, A/C 2024, JUST PAINTED 9/25. Only a 5 minute walk to Ghirardi Family WaterSmart Park! Listed under appraised value—schedule your showing today!
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| Aug 22, 2025 | Price Decreased |
$440,000
↓ $18K
(3.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017