1006 & 1004 N Rivershire 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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Coldwell Banker Realty | $280,000 | |
| Listed by Coldwell Banker Realty | |||
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This stately 2 story in Rivershire offers 2 lots making it one of the largest yards in the neighborhood. The front of the home and most of the interior has been freshly painted with neutral colors. The kitchen has brand new granite countertops, a new backsplash, & fresh white cabinets making it a neutral pallet for its future owners. This home has 4 bedrooms with the primary down, an open game room upstairs, 2 1/2 bathrooms, and an expansive backyard with a deck for entertaining. With no rear neighbors you're sure to enjoy your evenings & entertaining with the feeling of peace & privacy. Rivershire is an established neighborhood near the BOOMING Grand Central Park Development in Conroe. Convenience is key here considering you'll be right down the street from I45 for an easy commute to work. You also have access to an abundance of shopping, eateries, & grocery stores. The new Sam Houston State University medical school just recently opened down the street. Rivershire is the place to be!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017