4639 Ridgerod 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 |
|---|---|---|---|
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by REALM Real Estate Professional | $200,000 | |
| Listed by REALM Real Estate Professional | |||
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Honey, it's time to stop renting and buy a house, let's look at this house!! You're right, this property is a easy low cost transition from renting to buying or downsizing starter home. No MUD and low taxes and HOA , in a established community. New carpet and tile, fresh interior paint, great roomy bedrooms, with a dining and living combo. This property has a huge backyard that is prefect for barbeques and family gatherings, post COVID Primary bedroom bath has tub and separate shower with double sinks. Please follow COVID-19 safety protocol, must wear mask to view home and cover shoes with shoe coverings provide at property. Property has a small addition room at the side of the house when current owners purchased the property.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017