28922 Rio Grande River 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%.
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 29, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Realty ONE Group, Experience | $265,000 | |
| Listed by Realty ONE Group, Experience | |||
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This property has a beautiful park in the backyard - literally! Walk through the wrought iron gate out back and you will find yourself in the community park. Shoot baskets, have a picnic, or use the playground equipment less than a minute from home. This single story home has 3 bedrooms & a nice sized office with a closet that could easily convert to a 4th. NO CARPET! Gorgeous vinyl plank, Tile & Fresh paint throughout! . You'll find that this home features a wonderful, spacious family room with high ceilings. The dining area overlooks the front yard. The Primary bedroom boasts a huge in-suite bath built for 2! The inviting soaking tub is the perfect size to soak your worries away! Or enjoy a nice relaxing evening on your oversized covered patio, whether entertaining guests or just cooking for the family! Minutes away from Grand Parkway, Hardy Toll Rd, Exxon-Mobil headquarters, I-45 and The Woodlands. Highly acclaimed Conroe ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017