9757 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 |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Tammy Bateman Properties | $429,000 | |
| Listed by Tammy Bateman Properties | |||
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In well-located Spring Branch, a move-in ready ranch-style one story with colossal fenced backyard is situated on a wooded lot. Laminate wood floors in the lofty den continue through adjoining kitchen and breakfast room and covered back patio. The spacious kitchen features wood flooring, painted cabinetry, a gas cooktop and included refrigerator. A separate formal living room could also serve as a great work from home space or game room. Relax and entertain on the shady covered back patio overlooking the very deep backyard with plenty of space for a pool, play and pets! The attached 2-car garage is complete with a handy workshop area and laundry connections, washer and dryer, included. Quick access to major freeways, local shops and eateries, and just minutes to Downtown, The Galleria, The Texas Medical Center, Energy Corridor and City Centre.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017