10233 Burman Street
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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 |
|---|---|---|---|
| Feb 23, 2021 | Sold | ||
| Sold | |||
| Dec 6, 2020 | Listed by Fathom Realty | $154,900 | |
| Listed by Fathom Realty | |||
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COZY ONE STORY BUNGALOW, WELL MAINTAINED, FULLY FENCED,WITH LOTS OF UPGRADES. GRANITE COUNTERS, LAMINATE WOOD FLOORS, TILE IN KITCHEN AND BREAKFAST AREAS. 3 BEDROOMS, TWO BATHS, SPLIT PLAN. TWO LIVING AREAS ON EITHER SIDE OF THE KITCHEN ALLOWS FOR QUIET TIME WHEN NEEDED. FULLY GATED, NEW DRIVEWAY. HUGH DECK IN BACKYARD FOR ENTERTAINING. STORAGE SHED ALLOWS PLACE TO PUT OUTDOOR TOOLS. ROOF IS LESS THAN 3 YRS OLD. FOUNDATION REPAIRS WITH LIFETIME TRANSFERABLE WARRANTY. WALKING DISTANCE TO JACINTO CITY YOUTH CENTER AND PLAYING FIELD. JACINTO CITY HALL, FIRE STATION. CONVENIENT TO I-10, 610, CLOSE TO DOWNTOWN. GREAT GALENA PARK SCHOOLS. PRICED WELL BELOW NEW CONSTRUCTION, THIS HOME WILL GO FAST!
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About Northeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017