4015 Addicks Clodine Road
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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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Listed by Surge Realty | $247,999 | |
| Listed by Surge Realty | |||
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Extensively remodeled gem with an impressive list of interior & exterior traditional touches throughout the home such as the open concept living area w/ soaring ceilings exposed w/ a cozy fireplace that opens up to the dreamy kitchen w/ new shaker cabinets, accented backsplash, new stainless-steel appliances & an enormous island capped off by high-end quartz countertops that opens into a cute breakfast area next to a large bay window bringing in all the natural light. The luxury floors flow throughout main living areas & new, plush carpet in bedrooms. Both bathrooms fully upgraded w/ new tile, vanities, & frameless glass doors—featuring unique new lighting fixtures & mirrors giving the perfect designer finish. Some of the updated include: Roof (2017), Water Heater (2021), AC Unit & Ducts (2021) per previous seller & foundation repair w/ 25YR warranty. Located next to Westpark Tollway & HWY 6 where there’s some of the best local shopping dining & entertainment! WASHER & DRYER INCLUDED!
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| Oct 30, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by Fathom Realty | $180,000 | |
| Listed by Fathom Realty | |||
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Great investment opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017