918 Red Alder Circle
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 17, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Feb 19, 2024 | Listed by Real Broker, LLC | $254,000 | |
| Listed by Real Broker, LLC | |||
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Discover the charm of this well-maintained home at 918 Red Alder Cir, Houston, offering a spacious layout perfect for comfort and entertainment. The residence features a modern kitchen, flowing into a cozy living space, and includes generously sized bedrooms with a serene master suite. Enhanced by natural light, each room is designed to provide a welcoming atmosphere. The property boasts a beautiful backyard ideal for outdoor activities in a peaceful neighborhood setting. Conveniently located near schools, shopping, and dining, this home combines suburban tranquility with easy access to city amenities.
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| Dec 22, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2022 | Listed by DOSS Pros, LLC | $240,000 | |
| Listed by DOSS Pros, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017