22922 Red River 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, 2022 | Sold | ||
| Sold | |||
| Jan 28, 2022 | Listed by Keller Williams Premier Realty | $360,000 | |
| Listed by Keller Williams Premier Realty | |||
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Sparkling backyard paradise with covered patio, POOL and SPA...no back neighbors and has access to walking trail. Finally an awesome two story home in an excellent location closed to everything you need. Move in ready with 4 spacious bedrooms, 2.5 bathrooms, formal dining, formal living or study, family room, breakfast room, island kitchen with stainless appliances, upstairs gameroom and soaring family room with cathedral ceiling and romantic brick-hearth fireplace. Private primary bedroom suite with a luxurious updated primary bathroom with granite counters and frameless glass shower. Detached large 2 car garage and long driveway. Zoned to highly acclaimed KatyISD. Just minutes from Grand Parkway, I-10, major hospitals, shopping, dining, parks, Typhoon Texas, Katy Mills Mall, Katy Texas Boardwalk and many more. The subdivision amenities include a swimming pool, tennis court and a club house. Don't wait...schedule your visit!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017