111 Detering 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by RE/MAX Integrity | $560,000 | |
| Listed by RE/MAX Integrity | |||
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Location, location, location! You will not want to miss your opportunity to see this beautifully maintained free standing home. You will have easy access to major freeways, River Oaks shopping, the Galleria and Downtown. If you are nature or fitness minded being close to Memorial Park and Buffalo Bayou will certainly be a benefit. You are minutes away from a variety of great restaurants and nightlife venues. Your new home leads perfectly to entertaining on the second floor with the spacious living room/dining room combo open to the kitchen which is open to the breakfast area/family room. Your primary suite is large and features an awesome view of downtown Houston skyline. You will not want for storage space as there is ample sized closets throughout the home. Your outdoor space will be your own santuary from the hustle and bustle of the city with well thought out spaces and zero scape for minimal maintenance. Come see 111 Detering St today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017