23 Ricegrass Place
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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%.
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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 |
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| Jun 23, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Compass Re Texas, LLC | $675,000 | |
| Listed by Compass Re Texas, LLC | |||
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Zoned to the award-winning Creekside Forest Elementary School, this gorgeous 3,838 sq ft home sits on a cul de sac lot located in highly desirable Tupelo Green neighborhood. It is a quick 5-minute walk to the neighborhood park, lake + walking trails. Home boasts beautiful curb appeal with stone + brick exterior + charming front porch. Inside find a two-story foyer + great room, a large open floorplan with spacious rooms, lots of floor to ceiling windows, wood floors + neutral paint palette. Private study. Four bedrooms + four full baths. Guest suite is downstairs, huge primary suite + 2 other bedrooms are upstairs along with enormous gameroom + bonus/flex room. 3-car garage w/epoxy finish + great storage. A portion of the single bay garage has been outfitted with a mudroom + an adjoining full bathroom, perfect for quick showers after exercise, working in yard or in workshop. Covered back porch. Pool sized lot with gardens. 1.5 miles to shops, restaurants. Easy access to Grand Pkwy.
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| Apr 8, 2020 | Sold | ||
| Sold | |||
| Feb 29, 2020 | Listed by LV Properties | $486,500 | |
| Listed by LV Properties | |||
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**OPEN FLOOR PLAN**CREEKSIDE FOREST ELEMENTARY**4 OR 5 BEDROOM**3.5 BATHROOMS**3-CAR GARAGE**CUL-DE-SAC**WALK TO TUPELO PARK. Amazing 2-story home zoned to award-winning Creekside Forest Elementary. Located in a cul-de-sac and you can walk to Tupelo Park. Master bedroom upstairs. Very open floor plan featuring high ceilings from the entrance of the home to the kitchen. Formal dining room is very open to family room and kitchen and great for entertaining. Well appointed breakfast area. Kitchen with beautiful island and plenty of cabinets for storage. Wood floors through out. Welcoming porch entrance that leads to entry of home and study. Guest bedroom in first floor. Three car garage with epoxy coating. Super large game room upstairs with tons of windows for amazing light. Large master bedroom allows for sitting area. 5th room can be used as a bedroom or as a media/tv room. Close to new shopping center in Creekside. Small room and bath in garage for guest or teens or service.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017