9737 Tappenbeck Drive
About This Property
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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 24, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Compass RE Texas, LLC Memorial | $450,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Lovingly maintained and restored home on an oversized, mid-block lot close to I-10 and the Memorial area. The interior has been freshly painted throughout for a cohesive look suitable for a variety of decor. Fresh luxury vinyl plank flooring was added in the kitchen and office areas along with several new light fixtures and recessed lighting. Notice also the beautiful double-paned windows and original red oak hardwood flooring throughout. Additionally, the guest bathroom has been updated with a classic, timeless look including white subway tile and traditional vanity. And don't miss the incredible 4-car garage plus bonus air-conditioned workspace! The possibilities are endless - car shop, workshop, workout room, playroom, mancave, etc. Make an appointment to see this charming home today. All info per Sellers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017