5815 Hewitt Drive
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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%.
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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 1, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by Greenwood King Properties - Heights Office | $395,000 | |
| Listed by Greenwood King Properties - Heights Office | |||
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Exceptionally charming home in Oak Forest with 3 bedrooms and 2 baths, plus a separate study. Enjoy the open living spaces looking out to the generous back yard shaded by mature trees. Recent updates (2021) include PEX Plumbing, all bathroom fixtures and finishes, energy efficient windows, roof replacement, and wood-look tile flooring. Fully renovated kitchen (2021) features stainless gas range with convection oven, quartz counters, soft close cabinets and drawers, and stainless French door refrigerator which stays with the property. Furnace recently replaced (2024). All info per seller.
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| Feb 26, 2021 | Sold | ||
| Sold | |||
| Nov 27, 2020 | Listed by Divine Dreams Real Estate | $349,500 | |
| Listed by Divine Dreams Real Estate | |||
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ABSOLUTELY GORGEOUS HOME!!! IN THE DESIRABLE OAK FOREST SUBDIVISION. SELLER HAS SPARED NO EXPENSE. THIS HOME HAS BEEN REMODELED WITH TONS OF UPGRADES AND SOME ENERGY EFFICIENT LOW/E WINDOWS THIS 3 BEDROOM 2 BATH BEAUTY HAS A GOOD SIZE KITCHEN FEATURING QUARTZ COUNTERTOP, DECORATIVE BACKSPLASH AND NEW STAINLESS STEEL APPLIANCES. BATHROOM HAVE NEW CABINETS,TUB AND TOILETS. MASTER BATH HAS A CUSTOM SHOWER DOOR WITH A STYLISH MIRROR. OWNERS HAS ALREADY INSTALLED A NEW ROOF, HOT WATER HEATER IS IN GOOD CONDITION AND WOOD LOOKING PORCELAIN TILE THROUGHOUT THE HOUSE. DON'T WORRY ABOUT THE PLUMBING, THIS HOUSE HAS PEX PLUMBING BACKYARD HAS BEAUTIFUL LANDSCAPING AND IS FULLY FENCED. DON'T HESITATE TO CALL ME FOR A SHOWING!!! YOUR DREAM HOME IS HERE WAITING ON YOU!!
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About North Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017