502 Carson Ridge Drive
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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%.
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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.
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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 7, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by RE/MAX The Woodlands & Spring | $325,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Rayford Ridge! Home is situated landscaped spacious corner lot. Inside, you'll find a well-designed split floor plan with 3 bedrooms and 2 full baths. Tiled Entryway leads you to the Over-sized Living Room w/Gas log FP Hardwood flooring in Living & Formal Dining Room. Breakfast Room w/Island Kitchen. Primary Suite overlooks the spacious Private Backyard featuring a Primary Bathroom his/her sinks, a jetted tub, separate shower, large walk-in closet. The Secondary Bedrooms share a Bathroom. Island Kitchen with Breakfast Rm, The Exterior of the Home offers your own Private Backyard Oasis Pool. (Recently Resurfaced & New Pump) Large utility Room leads to the 2+Tandem Car Garage with provides ample space for your Vehicles and Storage. Don't miss out the location of this Subdivision & Home offers convenience near I-45, The Woodlands Mall, Market Street, Bush Airport, access to excellent shopping, restaurants, a Vibrant Lifestyle! Zones to Exemplary Rated Conroe ISD Schools District.
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About Rayford Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017