22747 Red River Dr
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 |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Sep 26, 2020 | Listed by RE/MAX Cinco Ranch | $199,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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BEAUTIFUL 3 BEDROOM 2 BATH HOME SITUATED IN CIMARRON PARKWAY IS A GREAT VALUE FOR A HOME IN KATY ( SOUTH OF I-10) * THIS HOME OFFERS A SPLIT FLOOR PLAN AND LARGE FAMILY ROOM WITH A FOCAL POINT OF A FULL BRICK FIREPLACE * KITCHEN OPENS TO THE FAMILY ROOM WITH A BREAKFAST/DINING WHICH MAXIMIZES YOUR SQ FT * LARGE BACKYARD WITH A COVERED BACK PATIO IS PERFECT FOR KIDS AND/OR FUR BABIES * THIS HOME DOES NEED SOME WORK; IT IS TENANT OCCUPIED AND IS READY FOR YOU TO PUT YOUR FINISHING TOUCHES ON IT! * OWNERS HAVE PRICED IT WELL TO SELL * TAKE A LOOK AT THIS PROPERTY TODAY AS IT WILL NOT LAST LONG... AND REMEMBER IT NEEDS SOME TLC!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017