1844 Red Rock DR
About This Property
The kitchen has lots of cabinet space and brand new appliances including the refrigerator, dishwasher, stove and microwave. Other updates this year include downstairs luxury vinyl plank flooring throughout, new carpet in upstairs bedrooms, and interior/exterior paint. The roof was replaced in in 2022.
This location is so convenient with everything closeby! Minutes away from Shopping, Grocery stores, restaraunts, Kalahari resort, Typhoon Texas, movie theatres and more! Easy acces to highways 45, 35. And 130. The airport is about 30 minutes away.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Relisted | $435,000 | |
| Relisted | |||
| Aug 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 30, 2024 | Price Decreased |
$440,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 21, 2024 | Price Decreased |
$445,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
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About Round Rock Ranch
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Listed Office: eXp Realty, LLC - Listing courtesy of Unlock MLS
Phone: (888) 519-7431
Last Updated: 2024-10-07 05:55:23
Data Source: Unlock MLS, MLS# ACT1564066
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