26407 Ridgestone Park Lane
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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 29, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Compass RE Texas, LLC Memorial | $740,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Incredible waterfront 2-story home on a golf course lot in Blackhorse Ranch. 4 spacious bedrooms, 3.5 bathrooms, formal dining room, private study, upstairs game room and media room. Stunning kitchen has been remodeled and features gorgeous granite countertops, island with gas cooktop, Travertine tile, stainless steel appliances and under cabinet lighting. Hardwood floors, crown molding, plantation shutters, built-ins, surround sound and so much more. Entertain family and friends in the fabulous backyard paradise with a sparkling pool/spa and outdoor kitchen under a covered patio. Zoned to award winning CFISD schools. Easy access to Hwy. 290 and Grand Parkway. Close to medical, dining and shopping. Make your showing appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017