1206 King Street
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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%.
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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.
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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 18, 2024 | No longer available | - | |
| No longer available | |||
| Jul 5, 2024 | Listed by Keller Williams Memorial | $389,000 | |
| Listed by Keller Williams Memorial | |||
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This charming bungalow is nestled on an oversized 9,000 sq.ft. lot that’s just 6 miles from Downtown and minutes to the Heights! A deep front porch greets guests, front door opens to reveal the large Living Room which is surrounded by windows and bathed in natural light. A wide cased opening in the Living Room leads to the upgraded kitchen which features NEW (2022) granite counters and new backsplash, new vent hood, custom site-built cabinetry and a stainless-steel appliance package including a gas range. Updated bath offers a NEW (2022) shower with frameless glass surround, new vanity, new tile and new plumbing fixtures. Generously sized bedrooms feature ceiling fans and are surrounded by windows. Dimmers on most light switches and plugs with USB outlets located throughout the home. HUGE fully fenced yard offers plenty of room for a large garden and play area not to mention pets and there’s still plenty of room for a pool!
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| Mar 31, 2021 | Sold | ||
| Sold | |||
| Jan 31, 2021 | Listed by RE/MAX Signature Galleria | $221,900 | |
| Listed by RE/MAX Signature Galleria | |||
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CLOSE TO DOWNTOWN & MAJOR FREEWAYS: 6-10, 45, HARDY TOLL, 59 * TRADITIONAL BUNGALOW W/COVERED FRONT PORCH * ON LARGE LOT APPROX. 9000 SQ.FT. PER HCAD * 2 BEDROOMS + 1 BATH + DETACHED 2 CAR GARAGE * CENTRAL AIR & HEAT * HARDWOODS THROUGHOUT * KITCHEN GRANITE COUNTERTOPS * UTILITY ROOM OUTSIDE NEXT TO KITCHEN WALL * APPLIANCES INCLUDE REFRIGERATOR, WASHER & DRYER * FULLY FENCED FRONT & BACK YARDS * PAVED DRIVEWAY TO GARAGE * EXTRA PARKING FOR 3/4+ VEHICLES * BACKYARD PAVED PATIO DECK * GREEN SPACE FOR PETS * CHILDREN PLAYGROUND AREA * GARDEN * MATURE LANDSCAPING IN FRONT & BACKYARD: FRUIT TREES, PECAN, MANDARIN & FIG * PLANTS: OLEANDERS, BAY LEAF TREE, CREPE MYRTLES, PLUS MORE *
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About Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88604656
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