5433 Rapido Road
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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 |
|---|---|---|---|
| Sep 8, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Wunderlich Properties | $219,900 | |
| Listed by Wunderlich Properties | |||
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New construction within minutes from UH and Medical center. Very open and inviting floor plan with well-equipped kitchen overlooking the living area, 10 feet ceiling, spacious master suite with separate shower and tub, double sinks. Kitchen offers plenty of cabinet space, granite countertops, backsplash, gas stove, stainless steel appliances. Covered porch and covered patio at the back.
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Property Highlights
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017