558 S Ridge Drive
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 |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by T K Properties | $65,000 | |
| Listed by T K Properties | |||
| Dec 20, 2020 | No longer available | - | |
| No longer available | |||
| Dec 23, 2019 | Listed | $65,000 | |
| Listed | |||
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LOT 75 HAS BEEN CLEARED TO SHOW PANORAMIC VIEWS FORMED BY BOTH FLAT AND ROLLING LAND OF UNDEVELOPED VISTAS, IN ONE OF THE MOST BEAUTIFUL PARTS OF THE TEXAS HILL COUNTRY. THIS 1.01 ACRE LOT IS ON SOUTHEAST RIDGE OF VALLEY VISTA. IT HAS CENTRAL WATER, PAVED STREETS, UNDERGROUND ELECTRICAL AND FIBER FOR TELEPHONE AND INTERNET, THREE GATED ENTRANCES, THE HIGHEST HILLTOP CLUBHOUSE AND POOL IN THE COUNTY, PARK AREA WITH POND, 35 ACRE WILDERNESS AREA, DEED RESTRICTIONS, HOME OWNERS ASSN., MINUTES FROM THE FRIO RIVER AND 18 HOLE GOLF COURSE. ANNUAL HOA FEES OF $350.00 FOR PAVED ROADS, CLUBHOUSE, POOL AND WATER WELL MAINTENANCE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017