This stunning 5,146 sq. ft. Sterling Ridge residence combines
functional space and outdoor living with distinct character
throughout. The home's scale and personality show in details like
the breakfast room's brick floor, real wood flooring in the office
and formal dining room, tray ceilings, crown molding, large
windows, and soaring ceilings. Beautifully maintained and designed
for flexible living and working from home, the main level features
a primary suite, a 2nd ensuite bedroom, a private office, and dual
staircases. The 2nd level offers 3 additional bedrooms alongside 2
entertainment spaces: a huge media room and a separate game room.
Outdoors, the backyard setup includes a covered patio and an
8-ft.-deep pool with a hot tub, lined by a greenbelt. This home
also features a brick exterior, a true oversized 3-car garage, a
corner lot across from the Player Course, top-rated schools, and
quick access to all of The Woodlands amenities.
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.
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