1821 Azalea Street
About This Property
The open concept layout features fresh interior paint, updated flooring, and granite countertops throughout. The spacious living area is filled with natural light and anchored by a wood burning fireplace, creating a warm and inviting atmosphere for both everyday living and entertaining.
The kitchen is designed with both function and gathering in mind, offering stainless steel appliances, rich wood cabinetry, abundant storage, and a large center island with bar seating for casual dining.
All four bedrooms are generously sized and thoughtfully positioned on one side of the home for added privacy. The primary suite features French doors leading directly to the back deck and hot tub, creating a seamless indoor outdoor connection. The recently remodeled ensuite bath includes tile flooring, granite countertops, and a tiled walk in shower, with glass doors to be installed soon. Guest bathrooms feature coordinating granite countertops and tile finishes for a cohesive design.
Additional interior highlights include a dedicated office nook off the kitchen and a bright enclosed sunroom overlooking the backyard, ideal for a reading space, hobby room, or flexible use.
The backyard is designed for both relaxation and entertaining, featuring a large wooden deck, above ground pool, hot tub, and multiple storage buildings for tools, equipment, or seasonal storage.
This move in ready East Texas home offers a functional layout, updated finishes, and refreshed curb appeal in a convenient Gilmer 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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$299,900
↓ $30K
(9.1%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$329,900
↓ $35K
(9.6%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by Texas Real Estate Executives | $365,000 | |
| Listed by Texas Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017