649 S Rivershire Drive
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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 |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Apr 10, 2021 | Listed by Top Guns Realty on Lake Conroe | $219,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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4 BR in wonderful quiet well established community. 4 large bedrooms, large living area, formal dining & breakfast room, master en suite down + half bath down. Roof replaced approx. 5 years ago. Same owner since 1985, wonderfully cared for. Kitchen has granite, SS appliances (fridge stays), huge walk-in pantry, breakfast bar, window over sink, ceiling fan, breakfast room with window seat. Huge living room with gas f/p, built-ins, lots of windows, ceiling fan. Master suite w/ huge en suite bath has his/hers closets, dbl sinks, tub & shower, built-ins. 3 large bedrooms up with full bath with built-ins. Beautiful large fenced back yard with large trees and patio area and oversized detached 2 car garage with workshop area and patio doors at back of garage leading to yard, sprinkler system. No MUD taxes, neighborhood pool & amenities, close to I-45 shopping, restaurants and medical. 15 minutes from The WL. No flooding, no ice storm damage per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017