7941 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 |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Evan S. Howell, Inc. | $374,900 | |
| Listed by Evan S. Howell, Inc. | |||
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Discover Mid-Century charm in Spring Branch! Bright exterior turquoise trim highlights the charm of this unique space. This single-story home features an open layout with soaring ceilings and floor to ceiling windows with emphasis to bring the outdoors inside. Kitchen has granite countertops which overlook dining room and the
refreshing private pool - the perfect place to play! Stainless steel appliances boasts gas stove, recently installed dishwasher, and french door refrigerator. Three bedrooms with genuine hardwood floors and white paint throughout. Two full bathrooms with updated shower tiles and mountain views. Explore the Spring Branch Trail for outdoor activities, then visit Spring Branch Plaza for local entertainment! This center has co-working spaces and popular Slowpokes Coffee. Skip the commute - Your new home is located minutes from Uptown, Downtown, and the Medical Center. * ALL showings will begin on SUNDAY 8/27/23 at OPEN HOUSE from 2pm-4pm *
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| Jul 7, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Evan S. Howell, Inc. | $329,900 | |
| Listed by Evan S. Howell, Inc. | |||
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Mid-Century in the NEXT Spring Branch! One story with Open Concept Lay-out. Soaring Ceilings & Expansive Wall of Glass Windows Allow for Natural Light. Resurfaced Private Pool (2020) with a Deep End Perfect for Cannon Balls! Hardwood Floors & Updated Bathrooms. Hop on the Spring Branch Trail which Connects Neighborhoods Via Bike, Scooter or for a Powerwalk! Check out What is Happening at Nearby Spring Branch Plaza with SlowPokes or Shoot the Moon Self Serve Tap Bar. No Commute Here with Minutes to 290, I-10, and Galleria. Bring Your Personal Touches!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017