32
Map
405 Ridge Loop
About This Property
Listed By
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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 6, 2026 | Price Decreased |
$130,000
↓ $30K
(18.8%) | |
| Price Decreased | |||
| Nov 5, 2025 | Listed by Suttle And Associates | $160,000 | |
| Listed by Suttle And Associates | |||
| Nov 4, 2025 | No longer available | - | |
| No longer available | |||
| Oct 11, 2025 | Price Decreased |
$160,000
↓ $15K
(8.6%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Suttle And Associates | $175,000 | |
| Listed by Suttle And Associates | |||
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THE RIDGE | 5.16 ACRES | PRIVATE FRIO RIVER ACCESS * TCEQ Water System * Fiber Optic Wifi * Underground Utilities * Frio River Park * Paved Rd Access If you missed your chance to buy in The Ridge, here's your second opportunity! Lot 37, Block 1 - 5.160 Acres Located in a gated subdivision with exclusive access to the Frio River, this property offers stunning, peaceful views of the Texas Hill Country. The lot has been recently surveyed and cleared, making it ready for you to build your dream home. Enjoy the natural beauty and tranquility of the area, with abundant axis and whitetail deer along with a variety of other wildlife. Ownership in The Ridge also includes access to a common river area, one of the most scenic and private spots along the Frio. Prime Location | Hill Country Views | Wildlife Galore | River Access Don't miss this rare chance to own a piece of paradise!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017