7005 Ridgemoor Lane
About This Property
The private primary suite, thoughtfully set apart on the main floor, features its own fireplace, a serene sitting area, and an ensuite bath with a jetted tub, separate shower, dual vanities, and a generous walk-in closet. Upstairs, the split-bedroom layout ensures privacy, offering three spacious secondary bedrooms, two full bathrooms, and a versatile game room perfect for play or relaxation. Loaded with upgrades, this home features granite countertops, hardwood floors, stainless steel appliances, crown molding, wrought iron balusters, and more! Enjoy outdoor living in the peaceful backyard, perfect for entertaining or unwinding after a long day. Easy access to shopping, restaurants, recreation centers and all of what Plano has to offer.
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed by EXP REALTY | $649,900 | |
| Listed by EXP REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017