3006 Broadmead 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 |
|---|---|---|---|
| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Camelot Realty | $689,000 | |
| Listed by Camelot Realty | |||
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Custom owner-remodel & addition (2018) by Matthew Mitchell Architecture converted this original 1950’s ranch into a gorgeous haven for modern living, complete with Central Texas limestone accents, custom stained built-ins, & primary suite with a screened-in porch. Ask for list of upgrades! Thoughtfully designed by one of Houston’s top luxury architects & surrounded by mature trees, this home inspires a sense of calm with its expansive back windows, park-like backyard, and thoughtful design. Home boasts open kitchen/dining w/ 2 living areas, 4 br, desk/sink/storage in laundry room, drop zone, hall library nook, & garage space for 2nd fridge/freezer. Primary retreat offers vaulted ceiling, porch, walk-in closet, oversized 6’ jacuzzi tub, & vanity space between closet/bath. Shady yard on huge lot with covered stone paver patio, play structure, & complete fence so kids/pets can run in and out all day long! Walk/bike to Hermann Park. Improvements have never flooded.
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017