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4980 Tamarind Ridge Drive
About This Property
Three outbuildings provide many opportunities including an air-conditioned living area with porch, perfect for a home office; a stable has space for animals with a fenced area in back. Don't worry about how you will cut the grass as a John Deere lawn tractor will remain on property. Whether you're sipping your morning coffee, hosting friends, and family, or simply relaxing in the tranquility of nature, this property offers the lifestyle you've been searching for in a location close to beach, dining and shopping.
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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 9, 2026 | Listed by eXp Realty, LLC | $1,795,000 | |
| Listed by eXp Realty, LLC | |||
| Nov 5, 2021 | No longer available | - | |
| No longer available | |||
| Sep 3, 2021 | In contract | - | |
| In contract | |||
| Aug 27, 2021 | Listed by Premiere Plus Realty Co. | $1,275,000 | |
| Listed by Premiere Plus Realty Co. | |||
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Private 4 bedroom, 3 bath home located on desirable street of Tamarind Ridge Drive in Logan Woods. The large fourth bedroom of this home could be utilized as media/entertaining space or as a guest suite. Special features of this home include an open concept kitchen and living area. The kitchen offers a large island/breakfast bar and eat-in dining over-looking the pool and private yard. The sunny living area offers a stacked stone fireplace, built in cherry cabinets, and wood floors. The spacious owner's suite offers built in cabinetry in the walk in closet. The owner's bath offers jetted tub, dual sinks, and frameless shower enclosure. Main living spaces of the home are covered in wide plank wood floors. The spacious laundry room offers storage cabinets and a work area that can be used as a desk. The detached building on the property could serve as the perfect home office. The attached large three car garage offers plenty of room for vehicles and storage. The property offers desirable southern rear exposure and small stable area. The manager has listed the unit size as 3552 square feet.
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| Feb 1, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017