2042 Rugged Drive
About This Property
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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 13, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Compass RE Texas, LLC. | $319,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Perfect starter home or for someone looking to downsize. This charming bungalow is perched high atop the street overlooking the greenbelt. Upon arrival you are greeted with a great covered front porch and large deck. Home includes fresh paint, granite counters, subway tile, ss appliances. Updated windows include plantation shutters. Refinished hardwoods. Roof, electrical service, plumbing, gas lines have been updated or replaced in the last 10 years. Backyard includes a storage shed. In the heart of the quickly growing Elmwood and moments from walking trails, Tyler Station, Bishop Arts, DART light rail, and Downtown. See attachments for additional information on recent city's plans for upcoming improvements and development in Elmwood. Buyer to verify schools and measurements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017