12402 Rip Van Winkle Drive
About This Property
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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 10, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by Greenwood King Properties | $975,000 | |
| Listed by Greenwood King Properties | |||
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Incredible opportunity in Frostwood with over 5,000 sqft (per HCAD) and 3 car garage! Superb floorplan filled with natural light gives a fabulous chance to remodel and add your personal touches. Interior paint dwn ‘19, exterior paint ’19! This spacious home offers grand room sizes, both formals, kitchen open to breakfast & den with massive fireplace overlooking backyard. Master with two walk-in closets and sliding glass door to backyard. Addtl walk-in closet in hallway!! Two addtl bedrooms + second bath down w/ double sinks. Hardwood floor in bedrooms down and formals. Upstairs offers three bedrooms and a study/flex room. This home offers an unbelievable amount of flexibility - you can have up to 6 bedrooms, or 5 and an upstairs bonus room plus abundant closet space! Large back patio! Zoned to highly-rated SBISD schools (Buyer to verify eligibility)! Improvements/structures did not flood from Harvey, Memorial Day 2015 Flood or Tax Day 2016 Flood. All info per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017