4420 Canyon RDG
About This Property
Welcome to this meticulously maintained 3-bedroom, 2-bathroom home located at 4420 Canyon Ridge Dr in Temple, Texas. Upon entering, you'll be greeted by soaring ceilings and an abundance of natural light that illuminates the entire living space. The interior features new laminate flooring in the bedrooms (installed in October 2023), wood blinds throughout, and fresh paint. This home is carpet-free, providing both convenience and style.
The open kitchen boasts granite counters, a pantry, and ample dining space. The primary bedroom is a true retreat, complete with high ceilings, a ceiling fan for added comfort, two closets for storage, and a built-in desk - perfect for a home office or study area. A wood-burning fireplace stands as a focal point in the living room, offering warmth and charm during the cooler months.
Outside, you'll find a covered patio and a large backyard, perfect for enjoying the Texas weather and entertaining friends and family. The property also includes a garage with keypad entry, a newer Trane A/C unit (installed in October 2022), an entire yard irrigation system, updated landscaping (installed in October 2023), a new water heater (installed in October 2023), and a new roof (installed in December 2023).
Located in a desirable area of Temple, this home offers convenient access to nearby restaurants, shopping, and BSW, making it an ideal place to call home. Don't miss out on the opportunity to make this beautiful property your own. Schedule a showing today and experience the charm and comfort of 4420 Canyon Ridge Dr for yourself.
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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 |
|---|---|---|---|
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 25, 2024 | Relisted | $234,900 | |
| Relisted | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by Compass RE Texas, LLC | $234,900 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017