2106 Althea Drive
About This Property
Enjoy a bike ride or stroll to Oak Forest's finest restaurants, award winning schools and everything this gem area has to offer. Blocks from TC Jester Park and trails and just minutes from the Galleria, Downtown, the POST, the Heights , Houston Farmers' Market and Memorial Park Golf Course.
Bright open floor plan with 3 bedrooms, original hardwood floors and gorgeous updated bath. New Onyx Owens Roof (2022), ADT alarm (2022) with security Ring Door cam, AC unit (2020) and fresh paint. Welcome your guests with a brand new craftsman's entry door and entertain large gatherings year round with your oversized lot. Enough room on the side of the home to add your own putting green.
This charming, family home is a true example to the original neighborhood. With small town feeling in the big city and amazing curb appeal with peace of mind - NEVER FLOODED.
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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%.
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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 17, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by eXp Realty, LLC | $423,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017