224 Odessa Drive
About This Property
Step outside to enjoy land dotted with fruit trees, a raised garden, and a generous covered patio A versatile workshop equipped with electricity and a window unit provides endless possibilities-perfect for a home office, gym, or game room. Additional features include RV hookups and a 220 outlet in the garage for electric vehicle charging. Located in highly rated NISD schools and just minutes from Alliance shopping, dining, and entertainment, this home offers the perfect balance of convenience and tranquility
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Relisted | $440,000 | |
| Relisted | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Martin Realty Group | $440,000 | |
| Listed by Martin Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017