3601 Ethel Avenue
About This Property
The kitchen features new appliances, a custom range hood, and a clean, modern design ideal for everyday living and entertaining. The home has been extensively updated with a new central HVAC system, new electrical throughout most of the house, and a roof that's only two years old, offering peace of mind for years to come. One of the standout features is the back sunroom filled with natural light, making it an ideal space for relaxing, working from home, or enjoying your morning coffee.
Exterior updates include new Hardie siding and new energy-efficient windows, enhancing both curb appeal and efficiency. With its convenient Waco location, close to coffee shops, restaurants, and dining, extensive renovations, and move-in-ready condition, this home is a fantastic opportunity for homeowners and investors alike. Don't miss your chance to own a turnkey property in a growing area of Waco.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Price Decreased |
$169,000
↓ $6K
(3.4%) | |
| Price Decreased | |||
| Mar 20, 2026 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Mar 8, 2026 | Price Decreased |
$185,000
↓ $5K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017