3933 Rau 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%.
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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 |
|---|---|---|---|
| Jul 19, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by eXp Realty, LLC | $485,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to 3933 Rau, where pride of ownership is shown through-out! This gorgeous 4 bed 3 bath home is located on just over half an acre and backs up to the Dickinson Bayou! Tons of updates have been made over the last year; all new electrical, all new plumbing, bathrooms have all been remodeled and updated, new flooring, updated granite counter tops, new dishwasher & appliances, new fencing in the back, paint, and much more! Home has double pane windows and roof was replaced in 2018. Enclosed back patio will help keep the mosquitos off of you while you're swimming in your new pool! Build your personal boat dock and enjoy life on the water! Just minutes from I45, restaurants, tanger outlet & Baybrook Mall, and much more! Centrally located this home has easy commutes to Houston and a quick drive to Galveston. This home won't last long so schedule your showing today! Room measurements should be verified.
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| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Aug 2, 2019 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Nov 17, 2018 | Listed | $355,000 | |
| Listed | |||
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One of the most beautiful waterfront .8 acre wooded lots you will ever see! Features a beautifully remodeled 4 bedroom, 3 full bath home with approx 3,000 SF per appraisal district. All rooms and bedrooms are large with lots of closet space. Kitchen with granite and stainless steel appliances. Indoor utility room. Gorgeous views from every window. The 4th bedroom could be guest quarters with it's own bath and private entrance. Massive, sun-screened atrium enclosure around pool (resurfaced). Pristine setting with view of wooded acreage across bayou. New bulk heading, plumbing and new roof in 2017. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017