25
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1020 Houston Street
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 |
|---|---|---|---|
| Jun 22, 2026 | Listed by CB&A, Realtors | $189,000 | |
| Listed by CB&A, Realtors | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 13, 2026 | Price Decreased |
$199,000
↓ $11K
(5.2%) | |
| Price Decreased | |||
| Oct 22, 2025 | Listed by CB&A, Realtors | $210,000 | |
| Listed by CB&A, Realtors | |||
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Location, Location, Location!!! Great location for residential use or commercial use as an office space close to I-45, downtown Conroe, dining and entertainment. This 2 bedroom 1 bath with spacious living room and dining room area features hard wood floors, roof recently installed. It also has a large fenced in backyard and a 12x 13 building that has water and electricity running to it that can be converted into an office space. There is also another storage shed that is 12x 10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017