505 Alma Street
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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | Listed by Coldwell Banker Properties Unlimited | $380,000 | |
| Listed by Coldwell Banker Properties Unlimited | |||
| | |||
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Charming 1930s bungalow located in the heart of Brenham! This cozy 2-bedroom, 1-bathroom home blends vintage charm and functional flow with 12' ceilings, hardwood floors, light and bright living room, open kitchen and dining area and more. Larger lot with plenty of green space and a versatile guest cottage complete with its own kitchen and full bathroom. This property beautifully combines classic appeal with modern flexibility, all in a desirable location.
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| Nov 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 17, 2024 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017