2631 Hamilton Avenue A & B
About This Property
Conveniently located in Highland Park; within very close proximity to Fort bliss, the I-10, and Scenic drive, taking you most places in the city within minutes!! Not only is this newly built gem situated in a prime location, but it is also equipped with an income producing property in the back of the main residence. An ideal investment opportunity. Two properties, one parcel!! Built in 2021 the front home boasts 3 spacious bedrooms, 2 bathrooms, and ample living space throughout for comfortable enjoyment, and plenty of open space for those who love to host family, and friend get togethers! Slightly under 1,000 sq ft of additional living space out back the smaller home has been fully upgraded to include plumbing, & more for the guarantee of it to produce income for its new owner. Wrought iron fencing has been placed to offer privacy of both homes. Don't miss out on this fantastic opportunity and schedule your showing.
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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 15, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Summus Realty | $330,000 | |
| Listed by Summus Realty | |||
| Dec 29, 2023 | Listed by Leon Realty Group, LLC | $375,000 | |
| Listed by Leon Realty Group, LLC | |||
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Great Investment opportunity in Highland Park, Scenic Drive area, with amazing city views, house built in 2021 three bedrooms, two bathrooms
Separate Casita walled and fenced, detached casita have been completely remodeled.
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| May 13, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Price Decreased |
$319,950
↓ $30K
(8.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017