173 OLD MONTGOMERY HIGHWAY #D Homewood, AL 35216
2-bedroom condo with pool, convenient to Samford, UAB, Brookwood.
- Added:
- Aug 26, 2025
- Days on Market:
- 320
- Last Refresh:
- May 19 at 10:28 pm
Property Features for 173 OLD MONTGOMERY HIGHWAY #D
General Information
- Standard status
- Active
- Size
- 961 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1969
Listing office Keller Williams Realty (256) 275-6393
Listing date Aug 26, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Unbeatable location: Minutes from Samford, UAB, Brookwood Hospital, and Homewood.
- Enjoy community pool access.
- Relax on your private balcony.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $15.96 |
| − Vacancy | −$2.0k | −$2.07 |
| EGI | $13.3k | $13.89 |
| − OpEx | −$6.0k | −$6.25 |
| NOI | $7.3k | $7.64 |
