7507 Riptide 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 |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | Listed by Energy Realty | $227,000 | |
| Listed by Energy Realty | |||
| | |||
|
Open house Sunday, April 23rd from 12-2pm. Updated 1-story, 3 bedrooms, 2 full bathrooms with no carpet in home. Foundation repair 2022 with Lifetime warranty-transferrable. Roof 2017 per SD. Title wood floors throughout entire house. Granite countertop at the kitchen, Master bathroom and secondary bathroom. Extra flex room that can be used as an office, game room, media room. Easy access to Highway 6, Westpark Tollway, 59, and Beltway 8. Short walk to neighborhood Elementary and Alief Library. Please schedule your showing today! Did not flood during Harvey. ATTENTION INVESTORS. EXCELLENT TENANTS WHO PAY ON TIME FOR 4 YEARS. CURRENT TENANT MOTIVATED TO LEASE THE HOUSE with a NEW CONTRACT WITH THE NEW OWNER. TENANT OCCUPIED - Please, request appointments at least 2 hours in advance. SE HABLA ESPAÑOL
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| Sep 28, 2022 | Listed by Energy Realty | $225,000 | |
| Listed by Energy Realty | |||
| | |||
|
Updated 1-story, 3 bedrooms, 2 full bathrooms with no carpet in home. Foundation repair 2022 with Lifetime warranty-transferrable. Roof 2017 per SD. Title wood floors throughout entire house. Granite countertop at the kitchen, Master bathroom and secondary bathroom. Extra flex room that can be used as an office, game room, media room. Easy access to Highway 6, Westpark Tollway, 59, and Beltway 8. Short walk to neighborhood Elementary and Alief Library. Please schedule your showing today! Did not flood during Harvey. ATTENTION INVESTORS. EXCELLENT TENANTS WHO PAY ON TIME FOR 4 YEARS. CURRENT TENANT MOTIVATED TO LEASE THE HOUSE with a NEW CONTRACT WITH THE NEW OWNER.
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About Westside
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$1,200 /mo
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- 2 Baths
- 1,068 ft²
$2,500 /mo
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- 12,000 ft²
Last Updated: 5 months ago
Data Source: HAR , MLS# 98207344
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017