3942 Avalon 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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by RE/MAX Integrity | $455,000 | |
| Listed by RE/MAX Integrity | |||
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Beautiful home with stone and brick elevation built by Westin situated on a cul de sac street. Dramatic foyer entry with rotunda & spiral staircase. Inviting open floor plan with a two story ceiling in family room. Beautiful finishes throughout this home. Island kitchen includes stainless steel appliances & granite counter-tops. Primary retreat has coffered ceiling and a luxurious bathroom. Large Game Room & Media Room upstairs along with 3 spacious bedrooms. Enjoy the covered back patio and back yard. Air conditioned storage room. Full sprinkler system. Steps from the walking trail Easy access to Grand Pkwy, Hardy Toll Rd, I-45, shopping and dining. Exemplary Conroe ISD schools!
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About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,100 /mo
- 1 Bed
- 1 Bath
- 450 ft²
$3,000 /mo
- 3 Beds
- 2 Baths
- 2,933 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017