3107 Ribbon Creek Way
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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 |
|---|---|---|---|
| Apr 27, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by CB&A, Realtors | $258,000 | |
| Listed by CB&A, Realtors | |||
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Hurry and see this great home in a cozy neighborhood with walking trail, lake, park and tennis courts! Large back yard and gameroom perfect for family and friends to gather. The kitchen has an open concept feel with plenty of counter space, breakfast bar, built in microwave and stainless fridge included! Owner's suite offers tons of space and a large closet as well as double sinks with upgraded granite counters and garden tub perfect for soaking after a long day. Zoned to highly acclaimed Klein schools and close to Grand Pkwy and I-45.
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About Harris
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Last Updated: 5 months ago
Data Source: HAR , MLS# 16684372
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017