8919 Riverwell Circle E
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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%.
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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 |
|---|---|---|---|
| Feb 11, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2020 | Listed by Liv Texas | $260,000 | |
| Listed by Liv Texas | |||
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Stunning two story Richland Home, in the Kingspoint Subdivision. The home features 4 bedrooms and two large master closets. The home has fast access to HWY 6 and West park toll road and didn't flood during Harvey. The roof is was replaced in 2020 and a new 5 ton ac unit. The home has a large open floor plan with wood European hickory floors thru out the fist and second floor. The kitchen features 42 inch cabinets with granite countertops and center island, there is a formal dining area apart from the breakfast room. The large primary bedroom is very spacious and boast high ceilings with recess lighting. The master bath offers separate sinks, jetted garden tub and separate shower. Enjoy the large backyard with large concrete patio that is great for entertaining. Call us for a showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017