3218 Ricewood Drive
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2023 | Listed by NICOLE FREER GROUP | $289,000 | |
| Listed by NICOLE FREER GROUP | |||
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Welcome home to 3218 Ricewood Drive located in the community of Country Colony and zoned to New Caney ISD! This lovely home features 4 bedrooms and 3 full baths. As you open the front door you are welcomed by an open concept floor plan that will make entertaining a breeze. The stunning kitchen features cool stained cabinetry with granite countertops and an oversized island. The family room includes a gorgeous fireplace, beautiful flooring, and large windows allowing the natural light to shine through. End your days in the spacious primary suite. The primary bath includes a large walk-in shower and walk-in closet. Enjoy a night of family fun in the game room. Don't forget to step out back for a view of the covered patio and backyard. You don't want to miss all this gorgeous home has to offer! Check out the 3D tour and schedule your showing today!
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| Jul 22, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Realty ONE Group Iconic | $245,000 | |
| Listed by Realty ONE Group Iconic | |||
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Check out this newly renovated home in the quiet community of Porter - easy access to US 59 and Grand Pkwy 99. This 2046 sq ft home boasts two primary bedrooms ensuite. Quality updates throughout the home are featured with carpet, tile and laminate wood like flooring. Kitchen has lovely updates with granite countertops and an oversized pantry that would fit a small deep freeze. All bathrooms with beautiful features including granite countertops - one bathroom has an oversized beautifully designed walk in shower for comfortable showering and dressing. Great laundry/utility space is another excellent feature that makes this a wonderful home -move in ready and spacious! Utility shed in backyard stays with the home 12x16. The large covered porch is perfect for backyard grilling and entertaining! You have to see this home to appreciate all the amenities!
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About Country Colony South
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Last Updated: 5 months ago
Data Source: HAR , MLS# 62067503
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017