5718 Cheltenham 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 |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Beth Wolff, REALTORS | $359,000 | |
| Listed by Beth Wolff, REALTORS | |||
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Charming ranch style home in the well-established & quiet Maplewood North subdivision. Zoned to Bellaire High School and within walking distance to Herod Elementary. Features include double pane windows, tile floors, sprinkler system, mosquito system, laundry room with full size washer/dryer and laundry sink, built -in custom cabinets throughout home for plenty of storage space. Kitchen includes stainless steel GE appliances with six burner gas stove and Advantium 120 oven range. Perfect work from home office with built-in bookshelves, which can easily convert to 4th bedroom. Spacious backyard with lots of room for gardening, pets, playtime, and entertaining. New Roof in 2016, Foundation Repairs in 2017. Neighborhood amenities include 24-HR constable patrol, community pool, park, playground, and soccer field. Enjoy great public and private school options and easy access to 610 and minutes from Downtown, The Galleria, and the Texas Medical Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017