5401 Parliament Drive
About This Property
Large living area with wood burning fireplace. 2 Car garage, backyard, wood privacy fence and large pecan tree provides plenty of shade. Located in an established neighborhood that is close to shopping and entertainment.
Multiple offers - Highest and Best offers due Monday, October 18th at 12 noon.
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | Listed by TDT Realtors | $314,650 | |
| Listed by TDT Realtors | |||
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Lovely Home on a tree lined street just minutes from I-20 This 3 bedroom, 2 bath home is move-in ready with many recent updates. beautiful kitchen with new granite counter tops - Seller is offer $1000 towards a new Range to be installed prior to closing. Bedrooms have ceiling fans and walk-in closets. New can lighting along with the many windows through out the home keep the inside nice and bright. Huge owners suite with updated en-suite bathroom. Large living area with wood burning fireplace. 2 Car garage, backyard, wood privacy fence and large pecan tree provides plenty of shade. Located in an established neighborhood.
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by My Texas Home Real Estate | $274,000 | |
| Listed by My Texas Home Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017