2907 Ribbon Creek Way
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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Aug 15, 2021 | Listed by CB&A, Realtors | $220,000 | |
| Listed by CB&A, Realtors | |||
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You will absolutely LOVE this charming one story home located in the lovely Forest Ridge subdivision. This wonderfully maintained 3 bedroom 2 bathroom has an open floorplan that is great for entertaining. The nice size kitchen has an abundance of cabinets providing plenty of storage space. The living room has a wall of windows that let in a lot of natural light. The primary bedroom has an en suite bathroom with a relaxing garden tub. This home is nestled on a cul-de-sac with a tree lined back yard, no rear neighbors, and a covered patio. Conveniently located just minutes away from I-45, Grand Parkway and Hardy Toll Road, The Woodlands and many restaurants. THIS IS A MUST SEE!!!!Make your appointment today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017