22602 Red River 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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Price Increased |
$285,000
↑ $6K
(2.2%) | |
| Price Increased | |||
| Mar 22, 2025 | Listed by Keller Williams Signature | $279,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to 22602 Red River! A brand new roof is being installed !This charming Single-Family property in Cimarron offers 3 beds, 2 baths, family room, 2 car garage, and a spacious covered patio. The kitchen boasts granite counters, tile back splash, gas cooktop, and stainless steel appliances. The primary bedroom features a vaulted ceiling and updated bathroom with granite counters and elevated walk-in shower. Washer, dryer , refrigerator to stay along with the Shed. Enjoy the oversized yard with covered patio. Zoned to award-winning Katy ISD and conveniently located near freeways, restaurants, and entertainment. Don't miss out!
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| Mar 14, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017