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8718 Rolling Rapids Road
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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 1, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Keller Williams Realty Northeast | $400,000 | |
| Listed by Keller Williams Realty Northeast | |||
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Texas International Realty | $405,000 | |
| Listed by Texas International Realty | |||
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Mulitple Offers Received. AN OFFER HAS BEEN ACCEPTED. WAITING ON CHECKS. 7/16
Beautiful home located in the Walden on Lake Houston golf course community, within minutes to the pool, gym, fitness classes, and clubhouse. This 5 bedroom beauty is immaculate and spacious. Soaring 2-story foyer with art niches, formal dining room, and office with glassed french doors. The island kitchen offers spacious 42'' cabinets & abundant counterspace with granite & a walk-in pantry. Primary bedroom suite is on the 1st floor & features a bay window, jet tub, & plenty of closet space. Enjoy your coffee at the breakfast table overlooking the 15,000+ sqft back yard with NO back neighbors! Family friendly neighborhood, great schools, and close to many shopping & dining options. Easy access to Beltway 8, 59 North, and a short commute to IAH Airport, the Grand Parkway, and downtown Houston. No flooding during Harvey!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017