1703 Red Oak Point 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%.
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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by REALM Real Estate Professional | $537,000 | |
| Listed by REALM Real Estate Professional | |||
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Gorgeous home in gated community that was once the model for the neighborhood. 2 bedroom that could easily become 3 bed! Located in renown schools in SBISD and close proximity to all Houston has to offer. Soaring ceilings in Living room with amazing windows and auto blinds. Open concept with island kitchen and beautiful wood floors, stainless appliances, undercabinet lighting. The second floor is the primary retreat with juliet balcony and ensuite bathroom. The third floor has a bedroom, full bath, gameroom (could be 3rd bedroom) with wet bar, and balcony! No feature overlooked. Furnishings are negotiable. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017