26427 Red Cliff 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 |
|---|---|---|---|
| Jun 16, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by Keller Williams Premier Realty | $375,000 | |
| Listed by Keller Williams Premier Realty | |||
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Welcome home to 26427 Red Cliff Ridge. This beautiful Chesmar home has it all. 4 bedrooms, 3.5 baths, formal dining, study (which could be used as a 5th bedroom), and a game room. Upon entering you will be greeted by high ceilings and gorgeous tile floors which extend into the family room and kitchen. The large chef's kitchen offers granite counters, custom cabinets, and a gas range. The kitchen is open to the family room making it ideal for entertaining. The primary retreat can easily accommodate your king-size furniture. The primary bath features dual sinks, a separate tub and shower, and a large closet. The downstairs study has French doors and a closet. Upstairs you will find 3 more spacious bedrooms, 2 full baths, and a game room. Backyard with covered patio, your own hot tub, and no backyard neighbors. Great location and zoned to award-winning Katy ISD schools. This home has been immaculately maintained. Come check it out today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017