8550 Ridgepoint 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 |
|---|---|---|---|
| Jan 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 5, 2025 | Listed by eXp Realty LLC | $900,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
2.25% ASSUMABLE VA LOAN ($525k balance)!!!!Stunning home in Spring Branch! The grand foyer features soaring ceilings and a dramatic spiral staircase. To the right is a private home office; to the left, a spacious formal dining room. The open-concept living room offers floor-to-ceiling windows that flood the space with natural light and flows seamlessly into a chef’s kitchen with custom cabinetry, an oversized island with seating, marble countertops, high-end appliances, and a breakfast area. The first-floor primary suite boasts a spa-like bath with double sinks, a freestanding tub, large shower, and custom walk-in closet. Upstairs offers three bedrooms, two full baths, a game room open to below, and an oversized laundry room. Enjoy outdoor living with a covered patio and full outdoor kitchen. Additional features: spray foam insulation, PEX plumbing, epoxy garage floors, and a NEMA plug for EV charging.
| |||
| Sep 9, 2025 | Price Decreased |
$925,000
↓ $40K
(4.2%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by eXp Realty LLC | $965,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
2.25% ASSUMABLE LOAN ($525k balance)!!!!Stunning home in Spring Branch! The grand foyer features soaring ceilings and a dramatic spiral staircase. To the right is a private home office; to the left, a spacious formal dining room. The open-concept living room offers floor-to-ceiling windows that flood the space with natural light and flows seamlessly into a chef’s kitchen with custom cabinetry, an oversized island with seating, marble countertops, high-end appliances, and a breakfast area. The first-floor primary suite boasts a spa-like bath with double sinks, a freestanding tub, large shower, and custom walk-in closet. Upstairs offers three bedrooms, two full baths, a game room open to below, and an oversized laundry room. Enjoy outdoor living with a covered patio and full outdoor kitchen. Additional features: spray foam insulation, PEX plumbing, epoxy garage floors, and a NEMA plug for EV charging.
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About Northwest Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 4634443
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Address: 335 Madison Avenue, New York, NY 10017