2523 River 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 |
|---|---|---|---|
| Oct 3, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Texas Patriot Realty, LLC | $260,000 | |
| Listed by Texas Patriot Realty, LLC | |||
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Location Location Location. This beautiful custom home is Located just minutes away from the Cynthia Woods Pavilion, The Woodlands Mall, hospitals, Market Street & the Waterway. This beautiful brick newly remodeled 3 bedroom-2 bath home with a extra large 2+ garage on overran half a acre and f land is immaculate and ready for you & your family to move in. This beauty boast 12 foot ceilings , modern fixtures , newer air conditioner & a ton of windows , storage, fresh paint ,modern tile, granite countertops and more. This house has never flooded. It has an oversized garage, & a very large fenced in backyard in a quiet peaceful neighborhood.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017