1205 N Durham Drive
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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 17, 2024 | No longer available | - | |
| No longer available | |||
| Mar 28, 2024 | Price Increased |
$600,000
↑ $25K
(4.4%) | |
| Price Increased | |||
| Jul 20, 2023 | Listed by Keller Williams Memorial | $575,000 | |
| Listed by Keller Williams Memorial | |||
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LOCATION LOCATION LOCATION!! Oversized cleared lot ideal for Retail Development Investments in booming N Shepherd/Durham corridor in the Heights area. This property sits in the middle of current major retail/commercial development! Retail buildings will have a clear view of Downtown Houston Skyline!! This Property is in the heart of The Heights, a few minutes away from major highways like 45N, 610 and I10! Come see this property Today!!
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| Oct 30, 2020 | Sold | ||
| Sold | |||
| Feb 9, 2020 | Listed by Coldwell Banker Realty | $449,000 | |
| Listed by Coldwell Banker Realty | |||
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Cleared lot ideal for commercial development in booming N Shepherd/Durham corridor in the Heights. Seller has plans approved by the City for a 2,000-SF office building.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017