355 Arbor Ridge Lane
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | No longer available | - | |
| No longer available | |||
| Oct 2, 2024 | Listed by Sweet Home Realty | $430,000 | |
| Listed by Sweet Home Realty | |||
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Welcome to this stunning 4-bedroom, 3-bathroom home located in the highly sought-after Arbors at Jacobs Reserve. This exquisite residence offers a unique and spacious floor plan perfect for comfortable living and entertaining. Enjoy the luxury of two master suites on the main floor. The second floor features two additional bedrooms and a versatile gameroom, ideal for play, study, or relaxation. The heart of the home boasts an island kitchen with beautiful granite countertops, stainless steel appliances, and double ovens, making it a chef's dream. Step outside to a large covered and screened-in back porch that overlooks an expansive yard filled with mature trees, offering a serene and private outdoor space. 2-min walking to the Welch Park and subdivision swimming pool. Zoned to the exemplary the Woodlands schools. Experience the perfect blend of elegance and comfort in this remarkable home. Don't miss the opportunity to make it yours. Schedule your private tour today!
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| Aug 30, 2024 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017