825 Lakeridge Drive
About This Property
The manager has listed the unit size as 2288 square feet.
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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 24, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 21, 2024 | Listed | $595,000 | |
| Listed | |||
| Mar 29, 2024 | Listed | $595,000 | |
| Listed | |||
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Discover spacious luxury in this rare 4-bed, 3-bath home on a 1-acre lot in Lakeridge Meadows, a neighborhood known for large properties- a feature no longer available in new neighborhood developments, enhancing its exclusivity. Adjacent to Lake Lavon, offers direct access to Lake’s Lavonia Park, hiking trails, picnic areas, & boat ramps. The home features thoughtful and modern updates, both inside & out. Its backyard oasis is divided for privacy, with a 10ft fence surrounding a luxurious pool and spa. The patio boasts a gabled roof, custom woodwork, tropical fans, and flatscreen, ideal for relaxation & entertainment. Mature apple trees and manicured landscaping enhance curb appeal. Located in Collin County, its unique features and access to outdoor activities make it a sought-after haven & perfect sanctuary.40x27 Metal garage-workshop. No HOA to restrict your lifestyle, ample parking for your RV or boat.2021:New HVAC, New Roof, exterior paint.Kitchen&Dining Updated.SeeTour&Update List
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017