2822 Southridge Drive
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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%.
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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.
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 3, 2024 | Price Decreased |
$485,000
↓ $12K
(2.4%) | |
| Price Decreased | |||
| Apr 9, 2024 | Listed by Magnolia Realty Grapevine | $497,000 | |
| Listed by Magnolia Realty Grapevine | |||
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Tucked away in a charming, established neighborhood, this inviting 3-bed, 2-bath residence eagerly awaits its new owners. Enter indoors to a beautiful open living room accentuated by ceiling beams and a gas fireplace. The kitchen, conveniently positioned next to the dining area and featuring elegant granite countertops, boasts a serving hatch that adds to the functionality of the space. Complemented by the absence of carpets throughout the home makes for easy upkeep and a refreshing atmosphere. Step outside into your very own oasis! The recently refinished pool beckons for relaxation and enjoyment, while the covered patio sets the scene for delightful gatherings. For added peace of mind, an optional pool fence is available. Conveniently situated near schools and shopping centers, all your necessities are just minutes away. Plus, jet-setters will appreciate the short drive to DFW airport, ensuring seamless travel experiences. Come & create lasting memories in this beautiful home today!
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Property Highlights
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About Oak Creek Estates Grapevine
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$2,400 /mo
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$2,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017