3403 Ramsgate 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%.
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 |
|---|---|---|---|
| Feb 26, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Dec 16, 2023 | Relisted | $249,900 | |
| Relisted | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Listed by Tarl Anderson Properties | $249,900 | |
| Listed by Tarl Anderson Properties | |||
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This 4 bedroom home has been beautifully updated featuring high-end finishes throughout. The main living and kitchen areas are flooded with gorgeous natural light making the space feel very open and inviting. This location offers convenient access to both I-45 and 99 making it a breeze to get around the greater Houston area as needed. There is so much to explore nearby including water parks, shopping, dining, entertainment, and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017