20011 Alcea Court
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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 24, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by Compass RE Texas, LLC Heights | $425,000 | |
| Listed by Compass RE Texas, LLC Heights | |||
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You'll enjoy this move-in ready property with brand new paint and carpet! Looks like a model home! Four total bedrooms down plus a flex space upstairs with its own bathroom, great for a game room, second living space or a fifth bedroom. Beautiful engineered hardwood floors throughout living spaces and kitchen with plush new carpet in all bedrooms. Primary bedroom boasts large walk in closet! Convenient access to the Grand Parkway and 249. Short trip to IAH airport. Neighborhood grocery stores include HEB and Kroger. Community boasts 27 hole golf course and golf club, a bark park, tennis courts, scenic walking trails, 'catch and release' fishing lakes and ponds, three swimming pools, equestrian center, fitness center and a recreation center! Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017