15 Ripple Rush Court
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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 |
|---|---|---|---|
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Dec 9, 2021 | Listed by The Professional Landlords | $380,000 | |
| Listed by The Professional Landlords | |||
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Beautiful 4bed/2.5bath home in the coveted Woodlands area featuring large bay windows for natural light. The living room features an open ceiling, a custom built-in bookcase, hardwood floors and brick fireplace. The bedrooms are large with the primary bedroom on the first floor. Attractive black kitchen appliances with granite counters and breakfast room. The backyard is spacious with shaded trees and covered wood deck! Zoned to Conroe ISD, close to major shopping, restaurants and entertainment venue.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017