40
Map
801 Brandi Ridge Drive
About This Property
The upstairs retreat features a media room that is fully insulated for soundproofing and is ideal for movie nights or immersive gaming. Two additional oversized bedrooms and one full bathroom are also located on the second floor. Exterior highlights include extended concrete down one side of the home and the back patio. There is a custom gate for easy access and extra parking. Outdoor lighting and electrical outlets for holiday lights are already in place as well. This prime location is situated in a quaint, quiet neighborhood with sidewalks and large half acre lots, located just minutes from local schools and a state of the art community park. If you need a lender, consider using Palmer Holland with Meridian Mortgage.
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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 16, 2026 | Price Decreased |
$645,000
↓ $14K
(2.1%) | |
| Price Decreased | |||
| Oct 2, 2026 | Price Decreased |
$659,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Decreased |
$689,000
↓ $7K
(1%) | |
| Price Decreased | |||
| Sep 6, 2026 | Listed by CENTURY 21 Judge Fite Company | $695,625 | |
| Listed by CENTURY 21 Judge Fite Company | |||
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About Midlothian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017