3545 South 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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Price Decreased |
$299,999
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Feb 13, 2024 | Listed by Engel & Volkers Fort Worth | $315,000 | |
| Listed by Engel & Volkers Fort Worth | |||
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Your new home awaits! Come see this beautifully maintained property in the heart of Westcliff near TCU. Home is move-in ready with fresh paint inside and out, new blinds throughout, some windows recently replaced, and deep cleaned throughout. The backyard is huge and has an additional storage, gym, or office space, which could be renovated for a rental unit or additional game room or bedroom. There is also a large covered patio that's great for entertaining. This great open floor plan has split bedrooms and an open kitchen with granite counter tops and tiled backsplash. Large primary bedroom has beautifully updated ensuite bathroom and large closet space. Conveniently located near the park and a plethora of restaurants and entertainment. Washer and dryer included!
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| Aug 15, 2023 | Listed by Engel & Volkers Fort Worth | $315,000 | |
| Listed by Engel & Volkers Fort Worth | |||
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Come see this beautifully updated home in the heart of Westcliff! Home has a large backyard, storage shed, covered patio, split bedrooms, open floor plan and open kitchen with granite counter tops and tiled backsplash. Large primary bedroom has private and beautifully updated bathroom. Conveniently located near TCU, with restaurants and entertainment nearby. Professional pictures will be in MLS soon. Buyer will need to purchase a new survey.
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About Westcliff
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14441021
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