5442 Ridge Road
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 |
|---|---|---|---|
| Jul 3, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by RE/MAX Distinction | $182,000 | |
| Listed by RE/MAX Distinction | |||
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Retreat away from the hustle and bustle of the city to nearly 3 unrestricted acres with ample trees! 2012 home with 2 large bedrooms and 2 full baths. Master suite has a walk-in closet and separate shower and soaking tub. This perfectly laid out home includes all appliances and an electric fireplace for cozy nights. With a front and back porch, you can enjoy the tranquility of the woods any time of day. The 2nd bedroom has a gorgeous view of the side yard and outdoor fire pit. So conveniently located just 1.5 miles from 249 access rd. And less than 5 miles from Hwy 105. As close to Montgomery county as you can get without paying the high taxes! And with the Renaissance festival close by, this property has potential for airbnb/rental income. Priced to sell quickly. Schedule a tour today!
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| Jun 5, 2020 | Sold | ||
| Sold | |||
| May 2, 2020 | Listed by Texas United Realty | $150,000 | |
| Listed by Texas United Realty | |||
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Welcome to your sanctuary. Enjoy just under 3 acres of nature. Sit on your deck and watch the deer under the trees. This gem of a home is the perfect place to get away from the hustle and bustle of the city. This newer manufactured home still has its "new smell". Well loved and roomy - the master bedroom is large and fits a king sized bed easily. It has a large walk-in closet. The second bedroom is spacious with a large walk-in closet. There is also a walk-in closet next to the living room to store as much as you need. The kitchen/dining area combined accommodates dinner parties. Savor the view of the trees from your living room window as you gaze out the back. A large cleared area in the backyard is great for a campfire for family gatherings. A wooden deck gives you the opportunity to relax and take all this in. Go on nature trails in your own backyard. A container on the property gives you plenty of storage. Come view this gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017