104 Overture Court
About This Property
Excellent 5 bedroom, 5 bath home is located in the gated community of The Grove – Overture Addition and just blocks from Baylor University. This 2,400 square foot home has an open first floor with a living room, kitchen, dining area, and separate laundry room. Also on the main floor is a spacious bedroom and full bath. Upstairs consists of 4 sizable bedrooms with walk-in closets, attached bathrooms, and access to a second-story patio. There is room for 8 cars to park in the front. The home is leased thru December 2022 with a monthly rental income of $2600. Appliances including a refrigerator, washer, and dryer are included.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Kelly, Realtors | $459,000 | |
| Listed by Kelly, Realtors | |||
| | |||
|
Discover a prime investment opportunity or an ideal home for a Baylor parent with students! This spacious 5 bedroom, 3 bathroom house is located near Baylor University in The Grove Overture Addition. Each bedroom boasts walk-in closets, with one conveniently situated downstairs alongside a full bath, perfect for guests to be able to use. The other four bedrooms are upstairs, featuring Jack and Jill bathrooms for added convenience. The second story also offers a charming patio, ideal for relaxing and enjoying the outdoors. The main floor showcases a large open kitchen that flows seamlessly into the dining area and living space, creating a perfect environment for entertaining. With parking for up to six cars, this home meets all your practical needs. Currently leased through August 1, 2025, this property ensures immediate rental income for investors. Don’t miss out on this exceptional opportunity to own a home in Waco!
| |||
| Jun 24, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017