15
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2040 Riverway Drive
About This Property
The home is sold as-is and features solar panels PAID IN FULL for energy efficiency and long-term savings. No electricity at the moment please show it during daylight.
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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 |
|---|---|---|---|
| Nov 5, 2026 | Listed by Eco Agent Realty International | $150,000 | |
| Listed by Eco Agent Realty International | |||
| Jul 31, 2025 | Listed by Eco Agent Realty International | $175,000 | |
| Listed by Eco Agent Realty International | |||
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Investor or homeowner opportunity! This property sits on a generous 0.68-acre lot, providing plenty of outdoor space and potential for expansion, gardening, or recreation. The home is being sold as-is, and features remodeled bathrooms, offering a head start on updates. Located near major roads, schools, and shopping, this home offers space, value, and flexibility in one of Dallas’s growing areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017