1803 Mulberry 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 |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | Listed by RE/MAX Opportunities | $310,000 | |
| Listed by RE/MAX Opportunities | |||
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Beautifully updated 4/2/2 located in an established Richmond, Texas neighborhood just minutes from shopping, restaurants, hospitals and quick access to Highway 59/90A/FM762. Interior features include: Luxury wood-like vinyl plank flooring, open concept floor plan with formal living/dining, family room/living room which is open the kitchen and breakfast areas, and a neutral color palette which provides flexible options that will accommodate almost any home design. The kitchen is spacious and includes gas stove, quartz counters, deep oversized stainless sink, island overlooking living room, and ample cabinets for all your kitchen gadgets. All bedrooms are generous in size and both primary/secondary bathrooms have been updated with trendy tile decor. The backyard is fenced and includes a green space behind the garage which is perfect for a nice garden area. The extended concrete patio is perfect for lounging and enjoying those Texas sized BBQ's. Don't delay visit this home today!
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| Nov 18, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by RE/MAX Fine Properties | $215,000 | |
| Listed by RE/MAX Fine Properties | |||
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Rare 4 Bedroom Home in Highly Desirable Long Woods! So Many Updates! Laminate Flooring; Paint; Counter Tops; Kitchen updated with Countertops & Appliances; Roof Replaced 2011. Charming Home with Large Back Yard & Raised Garden Beds. Prior Foundation Repairs - Seller does not have any information on this.
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About Long Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017