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7512 Olympia Drive
About This Property
Welcome to this stunning 2,000 sq. ft. home in the highly desirable Hammersmith neighborhood, known for its charm and unbeatable location! This beautifully renovated gem features 2 spacious bedrooms with an option for a third, 2 full baths, and 1 half bath, offering the perfect blend of style and functionality. The fully custom kitchen is a true centerpiece, complete with a waterfall countertop, sleek cabinetry, and premium finishes-perfect for entertaining! Recessed lighting throughout enhances the modern ambiance, while custom stair lighting adds a touch of sophistication. The gorgeously updated restrooms are designed to impress with high-end finishes.
This home also boasts a brand-new roof and all-new central air conditioning. Step outside to your private patio, ideal for gatherings or relaxing under the stars. Just minutes from Houston's best dining, shopping, and entertainment, this home offers luxury living!
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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 7, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Jason Mitchell Real Estate LLC | $529,110 | |
| Listed by Jason Mitchell Real Estate LLC | |||
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017