5631 Avalon Way
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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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2024 | Listed by Compass RE Texas, LLC - Houston | $450,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This 3 bed/4 bath secluded haven is nestled in a secure gated community, just moments away from the vibrant Galleria area. The expansive home is located on a corner lot & has a private backyard. The 1st floor is an entertainer's dream, featuring hardwood floors, a gas fireplace, and a spacious formal dining room. The chef's kitchen is equipped w/ a gas cooktop, granite countertops, and a large pantry, while the adjacent breakfast nook offers a cozy spot for casual dining. Upstairs, discover 3 bedrooms, including a sunlit primary suite w/ a walk-in shower, whirlpool tub and a sizable walk-in closet. The 3rd floor presents a versatile space ideal for a game room or additional bedroom, complete w/ a full bathroom. Additional highlights include high ceilings adorned w/ crown molding, energy-efficient LED lighting, and stylish plantation shutters. Located just minutes from Downtown, the Galleria, the Medical Center, and major freeways, this serene retreat offers both luxury and convenience.
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| May 6, 2024 | Listed by Compass RE Texas, LLC - Houston | $475,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
This 3 bed/4 bath secluded haven is nestled in a secure gated community, just moments away from the vibrant Galleria area. The expansive home is located on a corner lot & has a private backyard. The 1st floor is an entertainer's dream, featuring hardwood floors, a gas fireplace, and a spacious formal dining room. The chef's kitchen is equipped w/ a gas cooktop, granite countertops, and a large pantry, while the adjacent breakfast nook offers a cozy spot for casual dining. Upstairs, discover 3 bedrooms, including a sunlit primary suite w/ a walk-in shower, whirlpool tub and a sizable walk-in closet. The 3rd floor presents a versatile space ideal for a game room or additional bedroom, complete w/ a full bathroom. Additional highlights include high ceilings adorned w/ crown molding, energy-efficient LED lighting, and stylish plantation shutters. Located just minutes from Downtown, the Galleria, the Medical Center, and major freeways, this serene retreat offers both luxury and convenience.
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017