5803 Ridgewood 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 19, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Texas Trust Real Estate | $299,000 | |
| Listed by Texas Trust Real Estate | |||
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Escape to this BEAUTIFUL 2.4 acre property for peaceful and tranquil country living close to the City and only 30 minutes from Katy. This amazing property has a large double-wide manufactured home with a 2 car carport. There is nice landscaping with lots of mature trees and a large deck/patio. The backyard has a large 20x20 Shop for your hobbies or storage. The entire property is fenced with an electric gate. This home has an open floorplan, Stone Fireplace, Storm Windows, oversized kitchen, stainless appliances and a nice island. The living room, dining room and kitchen all have heated floors! The primary bedroom is huge with a walk in shower in the primary bath, and 2 walk in closets. This amazing home was updated 7 years ago. You can sit on your patio and watch the sunrise and sunsets and an abundance of wildlife. Low taxes, no HOA. Don't miss out on this "LITTLE PIECE OF PARADISE"!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017