4555 Algernon 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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Listed by Redfin Corporation | $205,000 | |
| Listed by Redfin Corporation | |||
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Welcome to 4555 Algernon Dr. This charming 3 bedroom 2 bath home is located on a large corner lot in the heart of Spring, TX and is move-in ready! Enjoy a freshly painted interior with new carpet, new window coverings and an open floor plan with large windows, abundant natural light & a spacious family room with floor to ceiling wood burning fireplace. The eat-in country kitchen offers plenty of cabinets space and a cozy bay window. Generous size bedrooms, including the primary bedroom with a private ensuite bath. Attic is partially decked for added storage. Fully fenced backyard, perfect for outdoor activities. Enjoy the plethora of community amenities that include a clubhouse, 3 swimming pools, playground, walking trails, party sized pavilion, fenced dog park and more! Just minutes away from major freeways, shopping and dining. Don't wait, schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017