3403 Ripplebrook 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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by The Kalu Group | $155,000 | |
| Listed by The Kalu Group | |||
| | |||
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Recently updated 3 bedrooms and 2 full bathrooms with bonus room for indoor entertainment. Well established neighborhood in close proximity to the Houston Medical Center, Downtown, Hwy 288 and 610 Loop. Also minutes from shopping and fine dining.
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Property Highlights
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Price/ft²
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017