4208 Ranger Road
About This Property
This stunning 3-bedroom, 2-bathroom home is located in the desirable new subdivision of Water Crest Ranch with easy access to ACU, Hendrick North, and the Lancium project. Located near Abilene's north side shops and restaurants, this home features granite countertops, tile flooring in main areas, and cozy carpet in the bedrooms. The open-concept layout provides a spacious living area, modern kitchen, and split-bedroom design for added privacy. The primary suite includes a walk-in closet and private bath. Estimated completion: August 2025. Don't miss your chance to own a quality new home in this growing subdivision!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Copperleaf Properties | $308,900 | |
| Listed by Copperleaf Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017