1108 Shepard Street
About This Property
A 3-bedroom, 1-bath gem built in 1971 situated in Brenham, Texas offers an enticing opportunity for investors seeking a renovation project. Surrounded by mature trees, this home serves as a canvas for creative upgrades, making it an ideal opportunity for investors looking to revitalize and transform a classic residence.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 28, 2024 | No longer available | - | |
| No longer available | |||
| Dec 27, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Dec 13, 2024 | Price Decreased |
$244,000
↓ $400
(0.2%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Decreased |
$244,400
↓ $500
(0.2%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$244,900
↓ $3K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017