422 River 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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by West & Woodall Real Estate - S | $475,000 | |
| Listed by West & Woodall Real Estate - S | |||
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Charming Home in Prime Timberlake Location. Don't miss this well maintained home with 3 BR's, 2 baths, totally fenced in backyard with storage building situated on a desirable corner lot in Timberlake, NC. One of the best lots in the neighborhood. This home is move in ready and all furniture and appliances remain with the property. Enjoy a spacious, open concept main living area that seamlessly connects the kitchen, dining room, and living room. Its perfect for entertaining. The 2 car garage is oversized an offers plenty of space for vehicles plus a dedicated work area. The fenced in backyard is ideal for pets and gatherings. It has a large deck and a handy storage building. Located just a short drive to both Durham and Roxboro, this home combines quiet living with convenient access to nearby cities. Schedule your showing today and discover all this great property has to offer.
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| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by Keller Williams Central | $410,000 | |
| Listed by Keller Williams Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017