2203 Rustboro 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 31, 2025 | Listed by Compass RE Texas, LLC - Katy | $490,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Welcome home to 2203 Rustboro Drive in the Walnut Creek community. You are going to love this Lennar NextGen home! The main home with 4 bedrooms and 3.5 bathrooms, offers spacious living and entertainment areas. The formal dining room, upstairs game and media rooms provide versatile spaces for entertainment and play. The open living area features a wall of windows for beautiful backyard views. The kitchen is a chef's dream with stainless steel appliances, granite countertops, designer backsplash, and large breakfast bar. The primary bedroom includes a walk-in closet and luxurious bath with oversized walk-in shower. Upstairs 3 additional bedrooms ensure ample space for everyone. The private guest suite boasts a separate and private front entry, living room, bedroom, bath, and kitchenette, ensuring family and guests feel right at home. Home also includes water softener and reverse osmosis at kitchen sink. The back covered patio and oversized backyard are perfect for outdoor gatherings.
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| Nov 22, 2024 | Price Decreased |
$515,000
↓ $35K
(6.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017