3409 Ridge 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 |
|---|---|---|---|
| Oct 8, 2026 | Listed by Homesmart Realty Partners | $339,900 | |
| Listed by Homesmart Realty Partners | |||
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Virtual Properties Realty.com | $349,000 | |
| Listed by Virtual Properties Realty.com | |||
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Welcome to 3409 Ridge Drive, a stunning 3-bedroom, 2.5-bath home in the sought-after Surfside Estates neighborhood in Gainesville, GA. Nestled among serene woods, this modern retreat offers a blend of style and functionality. The open-concept main floor features a bright living area with large windows, a sleek electric fireplace, and custom floating shelves. The gourmet kitchen includes black shaker cabinets, quartz countertops, stainless steel appliances, and a large island with a farmhouse sink, all complemented by a spacious walk-in pantry. The oversized primary suite boasts tray ceilings, expansive windows, a walk-in closet, and an ensuite bath with dual vanities and quartz countertops. Additional highlights include a mudroom with built-in hooks, a dedicated office, and a private backyard accessed through double French doors. Surrounded by nature, this home provides the perfect mix of privacy and convenience. Located in the lakeside Surfside Estates, enjoy easy access to water activities, walking trails, and more. This move-in-ready home is your ideal lakeside getaway. Schedule a tour today!
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| Aug 7, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017