3727 Ripplebrook Drive
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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 |
|---|---|---|---|
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Select Pro Realty | $155,000 | |
| Listed by Select Pro Realty | |||
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Nice and clean 4 bedroom 2 bath home with many updates! New roof 2021, new pex plumbing inside and all new underground plumbing 2020. Both restrooms have been fully updated with new tile, cabinets and fixtures. Bedrooms feature recent laminate flooring. The kitchen has been updated with a new gas stove and hood, granite counter tops, backsplash and new sink and fixtures. Garage has been fully converted to a 4th bedroom with closet and central AC. This one wont last long. NO HOA. SUPER LOW TAXES!! Storage shed in the backyard conveys with property.
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| Jan 31, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2019 | Listed by White Picket Realty LLC | $109,000 | |
| Listed by White Picket Realty LLC | |||
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Price to sell fast. Needs some TLC to make it your own. Roof is a couple years old. Garage has been turned into another bedroom. You can keep it as is or just turn it back to a garage.
Perfect for first time home buyers. Big yard! Sold as-is no repairs will be done. Bring on the investors!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017