3089 Ribbon Grass Drive
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 12, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Real Broker LLC | $615,000 | |
| Listed by Real Broker LLC | |||
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Ready to level up your family's lifestyle? This Viera beauty brings the space, style, and location you've been looking for. With 4 roomy bedrooms, 3.5 baths, a dedicated office, and a 2 car garage that's perfect for a home gym or all the kid chaos, it's made for real life. The kitchen is a total win with quartz counters and modern finishes that make every meal feel fancy, even the chicken nuggets.
Extras like tall 8 foot doors, storm shutters, a tankless water heater, and full security system check all the boxes for comfort and peace of mind.
And the location? Chef's kiss. You're a golf cart ride from A rated schools, Addison Village Club, parks, Publix, USSSA sports, and all the shopping and dining at The Avenues.
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| Nov 7, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Relisted | $699,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017