2626 Rivercrest Drive
About This Property
The thoughtfully landscaped yard offers a serene backdrop, complete with mature trees, garden space, and a gated driveway for added privacy. Recent energy-efficient improvements include new R60 insulation, a tankless water heater, and new windows and shutters installed in 2023-designed to reduce utility costs while enhancing year-round comfort.
Outside, you'll find a carport plus a detached garage with a new motor, currently serving as a functional workshop. Conveniently located minutes from Sherrod Elementary and the Arlington Entertainment District, this home also provides a quick commute to both Dallas and Fort Worth.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Relisted | $450,000 | |
| Relisted | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Keller Williams Realty | $450,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017