19047 Ranchcrest Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by 1st Brokerage | $299,900 | |
| Listed by 1st Brokerage | |||
| | |||
|
Great opportunity for countryside serenity, conveniently located in the beautiful surroundings of Magnolia, TX . This house features 3 bedrooms and 2 full bathrooms, open concept kitchen and living space, formal dining area and extra-long driveway. The house has several updates, including fresh paint, brand new flooring and carpet, brand new stove. This beauty is built on a huge wooden lot that backs onto a green area. If you are tired of the city hustle, this is the perfect place to spread out, host your outdoor gatherings or simply relax and contemplate nature on your hammock. Living/Bedroom Dimensions are approximate.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017