2403 Tannehill Drive
About This Property
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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 3, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by Compass RE Texas, LLC - Houston | $715,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to 2403 Tannehill Drive, a beautifully renovated home in the heart of Timbergrove! This inviting 3-bedroom, 2-bathroom residence offers a blend of beautiful updates and open space, making it the perfect place to call home. The open floor plan is full of warmth and natural light. The kitchen is open to the living and dining room and features new paint, new Quartz countertops, new backsplash and new hardware. A separate study is situated off of the kitchen. The mudroom has new cabinetry and lockers perfect for a drop zone. Outside, the backyard provides a private oasis for relaxation and outdoor gatherings. The home is full of new updates since 2020 including kitchen refresh, new roof, new underslab plumbing, new AC unit, new water heater, new insulation, and new paint throughout. Conveniently located in the desirable Timbergrove neighborhood, this home is just moments away from local amenities, dining, and entertainment options.
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| Feb 5, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Hartman & Associates | $535,000 | |
| Listed by Hartman & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017