7937 Ridgeview Drive
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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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | Listed by Evan S. Howell, Inc. | $329,900 | |
| Listed by Evan S. Howell, Inc. | |||
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Charming brick ranch home in the the NEXT Spring Branch. 3/2 with renovated bathrooms, double paned windows and generous layout that has an open palate for your custom touches! Gas range and stainless steel appliances. Ample natural light highlight the wood floors. Built-in Generac generator for entire home! Interior laundry room with access to dual car attached garage. Immaculate green grass stretches this spacious lot. Enjoy the quick commute to Downtown Houston, Energy Corridor or Uptown. Biking distance from Spring Branch Plaza which boasts trendy Feges BBQ, Slowpokes Coffee and Soul Tribes Yoga. Available Immediately!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017