2052 Addison Road
About This Property
Recent improvements include washer and dryer, dishwasher, stove, hot water heater, HVAC, exhaust fans in bathrooms, pedestal sink in 3/4 bathroom, external electric junction box, back door steps/decking, garage door and garage door opener. Located minutes from Rice University, the Houston Medical Center and Roberts Elementary. Live in the hub of everything wonderful Houston has to offer. With new high-end construction going on all around, the investment potential is amazing! Don't miss this opportunity, come take a look and fall in love!
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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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by Redfin Corporation | $819,000 | |
| Listed by Redfin Corporation | |||
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Lovers of Mid-Century Modern, this is your gem! Nestled on tree-lined street on a large lot, this home projects a cozy and welcoming facade. Beautifully maintained tile work can be found in both full bathrooms as well as the kitchen. The flexible floor plan boasts spacious family and living rooms, formal dining and large breakfast room.
Recent improvements include washer and dryer, dishwasher, stove, hot water heater, HVAC, exhaust fans in bathrooms, pedestal sink in 3/4 bathroom, external electric junction box, back door steps/decking, garage door and garage door opener. Located minutes from Rice University, the Houston Medical Center and Roberts Elementary. Live in the hub of everything wonderful Houston has to offer. With new high-end construction going on all around, the investment potential is amazing! Don't miss this opportunity, come take a look and fall in love!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017