4027 Riley Street
About This Property
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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 23, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Keller Williams Realty Metropolitan | $1,799,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome to 4027 Riley St, a beautifully classic West University brick home situated in the leafy Collegeview section of one of Houston's most coveted neighborhoods, West University Place. With over $175,000 invested into the home by the current owners, 4027 Riley boasts a long list of updates and improvements including a 2024 roof, a stunning 2022 kitchen remodel including Cambria Gladstone Luxury Series Quartz counters, Wolf gas cooktop, Wolf retractable downdraft, Shaw Apron Sink and white shaker cabinetry. A 2022 powder room remodel, 2019 new windows, 2015 full AC replacement with 2021, 2022 and 2023 coils, full home paint inside and out, 2019 pool remodel including resurfacing, heater and pump, new bathroom counter tops in 2024. With generous room dimensions, soaring high ceilings and ample windows, the home enjoys beautiful natural light yet lends itself to functional, cozy, every day living. Walk to Colonial Park and Pool, The Recreation Center and Whole Foods! 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