1026 Rancho Grande Drive
About This Property
Freshly painted interior, vinyl plank wood look floors, art niches, & abundant windows. The open concept kitchen opens to the Living/Family room; formal dining/flex room; three bedrooms; two full baths; fenced yard with covered patio. Enjoy the comfort of the spacious open floor plan with lofty ceilings and natural light is ideal for family gatherings. Schools are just a stroll away restaurants shopping centers Houston toll Rd and I-10 are minutes away. Home in the sought after Rancho Verde Subdivision. Beautiful meticulous home welcomes you with memories awaiting to be made!
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | No longer available | - | |
| No longer available | |||
| Aug 8, 2024 | Listed by New Age | $255,000 | |
| Listed by New Age | |||
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Welcome home to a lifestyle of comfort and convenience with no back neighbors!
Freshly painted interior, vinyl plank wood look floors, art niches, & abundant windows. The open concept kitchen opens to the Living/Family room; formal dining/flex room; three bedrooms; two full baths; fenced yard with covered patio. Enjoy the comfort of the spacious open floor plan with lofty ceilings and natural light is ideal for family gatherings. Schools are just a stroll away restaurants shopping centers Houston toll Rd and I-10 are minutes away. Home in the sought after Rancho Verde Subdivision. Beautiful meticulous home welcomes you with memories awaiting to be made!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017