7208 Ravin Road
About This Property
This 3 bedroom 2 bathroom home is located on a 1.5 acre lot with very close Toll Way access for a easy communite to Fort Worth! It was built in 2011 and features a new roof, walk-in closets, solar panels, Large covered back patio and storage shed. Plenty of room for a pool, workshops or entertaining. This home has been meticulously taken care of and will make a great family home. Come take a look today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2023 | Listed by Texas Real Estate HQ | $199,999 | |
| Listed by Texas Real Estate HQ | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017