5731 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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Brock & Foster Real Estate | $399,950 | |
| Listed by Brock & Foster Real Estate | |||
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This upgraded ranch in sought-after Maplewood North features great updates, large living areas, vaulted ceiling, and a cozy fireplace. The open kitchen with eat-in space and breakfast bar is perfect for entertaining and features sleek Samsung appls. Enjoy fenced backyard & detached garage. No need to have a lottery ticket to attend Bellaire, its zoned to BHS! With recent neutral paint, upgraded LED lighting, and double-paned windows, this well-maintained property is move-in ready. Kitchen and baths are both renovated. Smart improvements include a recent roof, HVAC and ducts, PEX water lines. Minutes from the JCC with top-notch fitness center & pools and just blocks from the city of Bellaire, this well-maintained home offers convenience and comfort. Don't miss out on this opportunity to live in a friendly and beautiful community with deep roots, while still enjoying living near premier shopping and dining options in Meyerland and beyond! Pride of Ownership shows!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017