2615 Waugh 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 |
|---|---|---|---|
| Apr 8, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by O'Connell Yarborough Prop | $545,000 | |
| Listed by O'Connell Yarborough Prop | |||
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This modern 4-story, single-family home is ready for purchase! Situated in the heart of Montrose, this perfectly stylish 3 bedroom & 3-1/2 bath home is perfect for metropolitan living! Along with an office, spacious backyard, two-car garage, AND a rooftop terrace, the home features abundant spaces for leisure and entertaining. Equipped with gorgeous modern fixtures, dark hardwood paneling floors, and an open floor-plan, it’s an ideal home for contemporary tastes. Located in one of Houston’s most popular and vibrant neighborhoods, the home is within walking distance of some of the city’s best restaurants and the bike path that leads to Buffalo Bayou Park. The next owners of this gorgeous home will enjoy experiencing everything Montrose has to offer!
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Property Highlights
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017