7106 Redding Road
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 |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Keller Williams HoustonCentral | $245,000 | |
| Listed by Keller Williams HoustonCentral | |||
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7106 Redding Rd – Well-maintained 3 bedroom ranch style home with 2 full baths, formal living and dining rooms, and a detached garage. This home is so clean and ready for your personal touches!! The back yard is full fenced. Roof replaced in 2021. Hardwood floors throughout most of the home, tile in the bathrooms, no carpet. No backyard neighbors! Located centrally in the heart of Sharpstown on a tree lined street, close to freeways (59/69, Beltway 8, and Westpark Tollway), minutes to downtown and the medical center, walking distance to the nearby elementary school, and convenient to Houston Baptist University. Must see to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017