109 Porter 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 |
|---|---|---|---|
| Jul 10, 2025 | Relisted | $155,000 | |
| Relisted | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$155,000
↓ $8K
(4.9%) | |
| Price Decreased | |||
| May 19, 2025 | Listed | $163,000 | |
| Listed | |||
| | |||
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This cozy cottage is move in ready! From large fenced yard to the welcoming front porch this is the perfect starter home! Ready to downsize? This home is for you. Ready for a rental investment? This one is ready to go! The home features vinyl plank flooring through out! NO CARPET! Neutral paint and tons of windows to let the sunshine in. Open concept kitchen and living area with a bonus room that can be used as a dining area, office, workout room....so many options. Kitchen features granite counter tops and white shaker style cabinets. Bedrooms are spacious with lots of natural light. The bath is large with a tub shower combo. Recent roof, HVAC. All big ticket items are done. All you need to do is move in! Great location, close to I45 for easy access to Houston for work or Galveston for fun in the sun and entertainment. Close to Tanger outlets for shopping. Make an appointment to view this great home today. This one won't last long.
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| Apr 9, 2025 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017