113 Wallace Street
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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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Krueger Real Estate | $215,000 | |
| Listed by Krueger Real Estate | |||
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|
Come see this cute 1 bedroom, 1 bathroom that has been completely gutted down to studs everything inside is new. Custom cabinetry all over closest, and kitchen, they retrofitted the new a/c system, updated energy efficient lighting, and appliances that will stay - fridge and washer dryer. Nest smart smoke and Co2 detectors and smart lock, New front fence with gate motor. New windows as well. A must-see!
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| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Advantage Realty Services | $110,000 | |
| Listed by Advantage Realty Services | |||
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Excellent location near downtown and just feet away from light rail system.
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About North Houston
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Last Updated: 6 months ago
Data Source: HAR , MLS# 5859340
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017