7773 Enchanted 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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by Cornerstone Realty | $298,000 | |
| Listed by Cornerstone Realty | |||
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This charming 3-bedroom, 2-bathroom residence offers the perfect blend of comfort, convenience, and leisure. Nestled in a prime location in Enchanted Hills with easy access to the freeway and loop 375 this home is a commuter's delight.
As you step through the entry way, you're greeted by a warm and inviting living space, adorned with windows that bathe the rooms in natural light. The well-designed kitchen boasts of SS appliances and plenty of counter space.
This home features easy to maintain landscaping with a drip irrigation system. Make an appointment to come see this home today!
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| Jun 25, 2019 | Sold | ||
| Sold | |||
| Feb 2, 2019 | Listed by ERA Sellers & Buyers Real Esta | $213,545 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017