3317 Overglen Drive
About This Property
Updated 3 bed 2 bath home located in established neighborhood just minutes from the lake! Just in time for summer cookouts in the backyard with the covered patio and sparkling in ground pool. Favorable floor plan that has split bedrooms for privacy. Main suite offers more than enough room to make a separate sitting area! Kitchen and both baths have been renovated and have beautiful quartz countertops. Recently installed French doors with internal mini blinds for easy patio access. New AC unit. Pool has new pump, motor, valve, controls, timer, and thermostat. Minutes from George Bush Turnpike and Highway 30 make for an easy commute.
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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 29, 2024 | No longer available | - | |
| No longer available | |||
| Feb 26, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Price Decreased |
$324,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Jan 3, 2024 | Listed by Ultima Real Estate | $335,000 | |
| Listed by Ultima Real Estate | |||
| | |||
|
This property offers immediate move-in readiness! It's versatile, serving as an ideal primary residence or a lucrative short-term rental. Positioned for profitability, it boasts a convenient location and a pool. The contemporary, meticulously maintained design is absolutely timeless. Revel in the privacy of the master bedroom, the allure of the Livingroom's charming fireplace, the beauty of the stunning pool, and the comfort of the covered patio. Seize this opportunity before it slips away! Washer, dryer and fridge included! The manager has listed the unit size as 1634 square feet.
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| Apr 7, 2022 | Sold | ||
| Sold | |||
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About Oaks
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20012532
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017