5618 Ludington 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 |
|---|---|---|---|
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed by eXp Realty, LLC | $315,000 | |
| Listed by eXp Realty, LLC | |||
| Dec 20, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed by Keller Williams - Platinum Houston | $270,000 | |
| Listed by Keller Williams - Platinum Houston | |||
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Dont miss this beautifully remodeled home in the community of Westbury. Property is completely renovated with careful attention to detail! Updates include NEW roof, driveway, electrical panel, sprinkler system, foundation with lifetime transferrable warranty, HVAC, flooring, low-E windows, doors, and more! This home features a spacious open concept floor plan with granite countertops, generously-sized bedrooms, game room, security system, and tons of natural lighting throughout. Bring out your inner chef in the custom-built kitchen with double oven, gas cooktop, and ample storage space. Spend your days relaxing in the huge backyard with covered patio, mature trees, and plenty of room for a pool. Ideal for commuters with proximity to I-610, US 90, and the Texas Medical Center. Less than 6 miles from NRG Stadium, with just a short drive to popular attractions including the Museum District and the Houston Zoo. Call today to schedule your private showing! The manager has listed the unit size as 2359 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017