1117 N Alameda Road
About This Property
Discover the potential in this charming 3-bedroom, 2-bathroom home located in the heart of Abilene, TX. Perfect for investors, this property is being sold as is, offering a unique chance to customize and maximize your return. The home boasts a smart floor plan, featuring split bedrooms that enhance privacy and space utilization.
Inside, you'll find a spacious kitchen with a central island, perfect for meal preparation and gatherings. The separate laundry room adds convenience to your daily routine. The expansive living areas offer versatility and comfort, making renovations worthwhile and enhancing the property's appeal.
Step outside to a fenced yard that provides both security and an ideal play or relaxation area. An additional storage shed offers extra space for tools or recreational items.
Don't miss your chance to invest in this promising property. Contact the listing agent today to schedule a showing and explore the possibilities awaiting you in this sought-after location.
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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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Relisted | $65,000 | |
| Relisted | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Listed by Coldwell Banker Apex, REALTORS | $65,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017