For SaleNeutral Deal33 days on market
264 W Ridge Rd
264 W Ridge Rd, Alexander City, AL 35010, Alexander City, AL 35010
$4,495,000
Estimate®:$4,240,500
Listing Price
264 W Ridge Rd, Alexander City, AL 35010
Loc: Alexander City, AL
Days Listed
33
Estimate®
$4241k
Market Rate
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Eclectic Middle School
5-8
8.8 mi away
8
Elmore Co High School
9-12
9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence20212 Attached Garage spaces33 Days$998
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.63%
Total ROI
103.0%
Cash Flow
$1,519/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,519/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Alexander City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-21 | Listed for sale | $4,495,000 | $998 |
| 2024-06-26 | Sold | $0 | – |
| 2024-05-11 | Contingent | $3,800,000 | $844 |
| 2024-04-16 | Price change | $3,800,000 | $844 |
| 2024-03-13 | Listed for sale | $3,950,000 | $877 |
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