2803 Rapho Street
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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Carter Signature Properties | $365,000 | |
| Listed by Carter Signature Properties | |||
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Introducing 2803 Rapho, a remarkable 4-bedroom home with a dedicated home office/study or 5th bedroom and 2.5 bathrooms, in Lake Shadows on Lake Houston. Sitting on an expansive corner lot, this property offers endless possibilities, including space to add a workshop or your dream pool. Step inside and discover a well-designed floor plan that optimizes every inch of interior space, ensuring a seamless blend of comfort and functionality throughout. The thoughtfully laid-out rooms invite you to embrace a lifestyle of both relaxation and productivity. The kitchen, featuring stainless steel appliances and abundant storage, is a perfect hub for entertaining guests or enjoying casual dining experiences.Retreat to the generous primary suite, where a large walk-in closet awaits your wardrobe, and an ensuite bathroom with dual vanities, jetted tub, and separate shower. Less than a mile away, the convenient boat launch offers easy access to Lake Houston, community pool and fishing pier.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017