5107 Birchmont 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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Relisted | $250,000 | |
| Relisted | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Brombacher & Co. | $250,000 | |
| Listed by Brombacher & Co. | |||
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Beautifully updated home with a huge backyard! Updated low E windows fills the living areas with plenty of natural light. Open and updated kitchen, soaring ceilings, and oversized rooms. Luxury vinyl plank flooring throughout. Covered courtyard which is perfect for pets, greenhouse, or relaxing. Large bedrooms and closets too! Easy access to White Oak Bayou Greenway Trails, new neighborhood playground, year round pool, and more! Great location and low maintenance. Convenient to freeways, Galleria, downtown, and all the best of Houston!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017