4606 Ridgerod Lane
About This Property
The office area is easily converted into a 4th bedroom.
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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 31, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by NB Elite Realty | $250,000 | |
| Listed by NB Elite Realty | |||
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Welcome to 4606 Ridgerod, a charming and spacious home located in the peaceful Ridgerod neighborhood of Houston, TX. This lovely property features large backyard, updated kitchen with new backsplash and quartz countertops, freshly painted, and newly installed blinds making it perfect for families and anyone seeking comfort and convenience. Brand New Roof!
The office area is easily converted into a 4th bedroom.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017