15723 Tumbling Rapids 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%.
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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.
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Compass RE Texas, LLC - The Heights | $320,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Wonderful home in Bear Creek Village! Updated kitchen with quartz counters, deep basin porcelain sink, stainless steel appliances, island with seating, and a walk in pantry. Open concept dining and living room with a wet bar, high ceilings, gas fireplace, wood beam accents, and great natural light. Primary suite is on the first floor with a fully remodeled bathroom including quartz counters, two sinks, upgraded fixtures, built-in shelving, and two closets. Downstairs also has the laundry room and a half bath for guests. Upstairs has two bedrooms, one full bathroom, large gameroom, and a bonus 4th room that would make a nice office, work out room, or craft room. Additional updates include PEX plumbing, recent roof, hardwood on the stairs, and energy efficient windows. Sliding glass doors open to the paved patio and spacious backyard. Quiet street close to the Energy Corridor, Memorial, City Centre, and Bear Creek Park!
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| Jan 14, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by Krueger Real Estate | $285,900 | |
| Listed by Krueger Real Estate | |||
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The seller spared no expense when it came to the details of this home. There is new PEX plumbing, an extended back balcony, NEW ROOF, new railing to inside stair rail, NEW SIDING on exterior of home and energy efficient windows. This home is filled with natural light and charming updates that make it unique. Great, quiet location close to the Energy Corridor, Memorial and Bear Creek Pioneers Park! Welcome Home! NOT LOCATED IN A FLOOD ZONE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017