2620 Werlein Avenue
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%.
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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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Martha Turner Sotheby's | $1,245,000 | |
| Listed by Martha Turner Sotheby's | |||
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Welcome to 2620 Werlein Avenue, a lovely custom built, Country French home nestled in a private nook of West University. Smart, effortlessly flowing floor plan accommodates every day living and entertaining with generous rooms and lovely view of the pool from the well appointed Kitchen, Breakfast Room and Den. A beautiful stained glass window greets you on the stairway landing. Large Master Suite with Home Office and two large walk-in closets, three other bedrooms and large Game Room upstairs. Views from the second floor peer onto the sparkling pool, patio and fountain. Special features include: stainless steel appliances, stone finishes, beautiful hardwoods, large closets and plenty of storage, mature landscaping including magnificent Crepe Myrtles that flank the front doors, proximity to Colonial Park and zoned to West U Elementary. 2620 Werlein gives its new owners an open palette to make the home their own. A wonderful value!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017