40
Map
2539 Addison Road
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Coldwell Banker Realty - Heights | $1,099,000 | |
| Listed by Coldwell Banker Realty - Heights | |||
| Oct 9, 2023 | Listed | $1,199,000 | |
| Listed | |||
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Updated 1940s Classic style home in the Rice Village/West University area. This 4-bedroom property retains its original charm while boasting numerous updates. The versatile floor plan offers a large formal living & dining area, that is complemented by a study & game room downstairs with hardwood floors, crown molding, and plantation shutters. Primary bedroom with a spacious walk-in closet/dedicated dressing area and spa like bathroom showcasing a soaking tub, separate shower, and luxurious heated floors. The generous backyard would easily accommodate a pool and features a covered patio for additional outdoor living space. Updates include the kitchen, baths, laundry/breakfast, electrical, sprinklers, and gutters. Easily stroll to nearby Rice Village to enjoy upscale shopping and dining with 264 restaurants within 5 miles. Roberts Elementary zoning with convenient access to major freeways, Downtown, Museum District, and Texas Medical Center areas. Come see your new home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017