4004 Riley Street
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 |
|---|---|---|---|
| Feb 17, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by Keller Williams Metropolitan | $1,475,000 | |
| Listed by Keller Williams Metropolitan | |||
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Introducing 4004 Riley in West University. With it's corner lot location, timeless red brick exterior framed by mature trees, this home boasts impressive curb appeal. The 7897 sf lot lends itself to a feeling of space around the entire home with expansive front, side and back yards plus a double garage (19x23), Porte-Cochere (19x18)and parking for 5 cars on the west side (access via Riley). A West U classic, completed by Genson Builders in 2010, generous proportions and luxurious features abound. Oak hardwood flooring throughout entire home, stainless steel Thermador kitchen appliances, mahogany paneled study, custom built in cabinetry, game room with built ins, mud room, plantation shutters and an amazing over sized primary closet. The gorgeous kitchen, with it's own patio, was recently updated with Calacatta Quartz countertops, farmhouse sink, Snowbound cabinets and brushed nickle hardware, completing an entire home repaint. 500 yr flood zone. NEVER FLOODED. Per seller
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017