2504 Silver Leaf Drive
About This Property
Large windows bring in abundant natural light, while oak wood floors and a gas fireplace add warmth and character. The kitchen features Whirlpool appliances, gas cooking, and a dedicated pots-and-pans drawer that keeps everyday essentials within reach. The relatively new refrigerator, washer, and dryer stay with the home, taking three big purchases off your move-in list.
A dedicated media room sets the stage for movie marathons and game-day gatherings. Outside, the extended patio offers space for outdoor dining and lounging, with a gas line ready for your grill. Smart features include the oven, lighting, thermostat, washer, and dryer. Cat 6 cabling, TV wiring, and security system equipment and wiring add everyday convenience and connectivity.
Life in The Ridge extends beyond your front door, with HOA-organized activities, two community pools with resort-style amenities, a splash pad, parks, pickleball, and a pond. A new H-E-B under construction just outside the community, nearby restaurant options, and hiking trails at Landmark add even more to look forward to. Spend the afternoon exploring a trail, meet neighbors for pickleball, or bring everyone back for dinner on the patio. There is plenty to enjoy here, both at home and around the neighborhood.
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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 22, 2026 | Price Decreased |
$625,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Decreased |
$635,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Sep 5, 2026 | Listed by Post Oak Realty, LLC | $640,000 | |
| Listed by Post Oak Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017