718 Rolling Creek 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%.
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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by RE/MAX Signature | $265,000 | |
| Listed by RE/MAX Signature | |||
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Welcome home to your 3-bedroom, 2-bathroom home on just over a half-acre lot close proximity to Lake Houston with NO HOA! Many updates include a recent roof, A/C unit (2021), PEX plumbing, new septic tank (2022), new propane tank (2021), new dishwasher (2021), fresh paint throughout the entire home and so much more. The kitchen features granite countertops, a large breakfast bar and stainless-steel appliances. Primary bedroom has en-suite bathroom. Each bedroom has additional storage added to each closet. Whole home water softener system. The living room has vaulted ceilings and a fireplace. Huge, detached garage with roll up doors and wall to ceiling foam insulation to help keep the garage cooled off on those hot summer days. Backyard has multiple patios and a beautiful Koi Pond to sit outside and enjoy. Contact us today for a private showing!
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| Mar 19, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Offerpad Brokerage, LLC | $224,900 | |
| Listed by Offerpad Brokerage, LLC | |||
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Just under 27,000 sqft lot, this 3 bedroom, 2 bath is vacant and ready for viewing! Many updates including a new roof, new A/C unit, and new PEX plumbing system! This home has been refreshed with new paint inside and out, new flooring, fixtures, lighting, and ceiling fans. The kitchen features granite countertops, a large breakfast bar, and stainless steel appliances. Off the kitchen is a breakfast nook with wainscoting and the laundry room. The living room has vaulted ceilings and a fireplace. The primary bedroom has a full ensuite bathroom. Bathrooms have been updated also. The backyard boasts multiple patio areas, a storage shed, koi pond, and a firepit! Huge detached garage with roll up doors and wall to ceiling foam insulation. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017