5527 Caversham 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 |
|---|---|---|---|
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Oct 31, 2020 | Listed by eXp Realty, LLC | $325,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome home to this 3BR/2Bth, NEVER FLOODED, Mid-Century Modern gem in prime Meyerland location, zoned to Herod Elementary & Bellaire High! Professionally reimagined and redesigned living spaces recently completed include open concept kitchen/dining/living areas, & completely renovated primary and secondary baths. Upgraded finishes include quartz countertops, designer brass fixtures throughout, specialty lighting fixtures and restored original terrazzo flooring! Custom built-in dry bar allows for effortless entertaining! This energy efficient home has updated plumbing, electrical, double paned windows, LED lighting, new roof and foundation repair in 2014 with transferrable warranty. Stainless steel appliances convey with sale, including refrigerator. Lovely large back yard, great for a future pool! Home shows and feels like new with recent updates all while keeping the original character of the residence intact! Book your appointment to tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017