20
Map
4022 Drummond Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by Martha Turner Sotheby's International Realty | $659,900 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Wonderfully renovated 3 bedroom, 2 bath home located in the heart of highly desired Ayrshire Subdivision. Cooks dream kitchen w/ blue pearl granite counter tops, all stainless steel appliances, an abundance of counter and cabinet space & includes the Samsung refrigerator & LG washer & dryer. The kitchen opens out to a huge den, allowing for an open concept floor plan, ideal for entertaining. Some of the features include replaced double pane windows, Hunter Douglas window treatments, plantation shutters, recessed lighting, pocket doors, mock fireplace w/ mantle, crown moldings and replaced gleaming hardwood flooring in 2018. The electrical and plumbing were also updated in 2018. Recent AC system & ductwork. Abundance of natural lighting throughout. Nice sized primary bedroom w/ handsome bath w/ carrara marble counter top and richly appointed fixtures and hardware. Huge back yard with room for a pool. Excellent location, walking distance to wonderful schools, YMCA, library and parks.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017