3702 Olympia Drive
About This Property
Per HCAD, Built in 1950, approximately 5016 square feet sitting on 10,048 square foot lot - ready for your updates, your modern day renovations or your new custom home. Surrounded by recently renovated homes and new construction. Steps away from Olympia Drive greenspace.
The Open House scheduled for today, Sunday March 7th has been CANCELLED.
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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 30, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Compass RE Texas, LLC | $1,845,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautifully appointed 4 bedroom River Oaks home on a tree lined corner lot. Large scale rooms, gracious formals, kitchen updated in 2011 per Seller. Wonderful location on the northwest corner of Olympia Drive and Timber Lane.
Per HCAD, Built in 1950, approximately 5016 square feet sitting on 10,048 square foot lot - ready for your updates, your modern day renovations or your new custom home. Surrounded by recently renovated homes and new construction. Steps away from Olympia Drive greenspace.
The Open House scheduled for today, Sunday March 7th has been CANCELLED.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017