16423 Rodeo River Road
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Vive Realty LLC | $314,900 | |
| Listed by Vive Realty LLC | |||
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Welcome to 16423 Rodeo River Road! This corner-lot property offers 4 bedrooms, with the master downstairs, and 2.5 bathrooms. Modern design and elegant touches throughout create a stylish atmosphere. With an open floor plan, spacious living area, and gourmet kitchen, it's perfect for relaxation and entertainment. The addition of a very convenient side access gate enhances accessibility, while the landscaped yard adds to the appeal, making it an ideal choice for sophisticated living in Houston.
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| Nov 10, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2023 | Listed by Keller Williams HoustonCentral | $245,000 | |
| Listed by Keller Williams HoustonCentral | |||
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Looking for a fun project? Look no further! 16423 Rodeo River is your chance to get into a great neighborhood at an accesible price. Explore this promising investment property in the sought-after Rancho Verde Subdivision, situated on a desirable corner lot. This spacious two-story home boasts 4 spacious bedrooms and 2.5 bathrooms, providing ample space for potential tenants or a future resale. Don’t miss this opportunity! Schedule a showing to view this property today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017