5607 Rutherglenn 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%.
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 |
|---|---|---|---|
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2021 | Listed by BHGRE Gary Greene | $420,000 | |
| Listed by BHGRE Gary Greene | |||
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A well-built dream home in prime area in southwest Houston. This custom 4 bedroom open concept home has an impressive entry, living, and family rooms are all on one floor. The home is light, and bright with many architectural accents and very practical well-proportioned use of space. Ideal for entertaining with large rooms and a good layout. All public spaces have easy to maintain floors, tile in wet areas+new carpet in the BRs. Incredible storage space. The kitchen has all stainless appliances, durable Silestone counter tops and extraordinary cabinetry with pull outs. A warm and inviting home with a back porch ready for your outdoor kitchen, play set and a lushly landscaped backyard with room for a pool. Pipes redone under the home. An Active Alsrm for coming and goings. Close to our wonderful Texas Medical Center, 610 and more... A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017