2719 River Birch 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%.
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Berkshire Hathaway HomeService | $325,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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3/2/2A Contemporary design elements with natural light radiating t/o the liv area which features a hearth fireplace with clerestory windows on one wall. Formal dining room off of living area & kitchen. French doors look out to a covered patio with lantern on the fence and patio cover. All windows have been upgraded to low e windows. Laminate flooring t/o except pergo in the primary bedroom. Interior just repainted. Kitchen touts slab granite counters, an island, & tumbled marble backsplash. Primary bathroom features new tile flooring, & subway tile surround with shampoo boxes. New flooring in hall bathroom. Exterior front elevation touts spot lighting, & softly landscaped flower beds. In 2019 Seller repiped house with Pex plumbing. Plumbing available in the garage to convert into 4th bedroom. Side of house is rocked in where the a/c is. Custom designed gate into back yard. Desirable Fort Bend Schools, in well established neighborhood, within walking distance to elementary school.
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About Colony Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017