127 Preston Avenue
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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%.
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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.
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 |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Tijerina Group Real Estate Consultants | $248,000 | |
| Listed by Tijerina Group Real Estate Consultants | |||
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1 story, 3 bedroom/2 bath, gently used home. Upon entering you will be delighted by the open concept and 9' high ceilings throughout. The kitchen boasts beautiful white cabinets, tiled backsplash, quartz counters, and stainless-steel appliances. The back yard includes a 20x9 covered patio, perfect for an evening BBQ! Easy access to Hwy 225 and Beltway 8 (Sam Houston Pkwy).
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| May 21, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by SES Real Estate Group, LLC | $233,500 | |
| Listed by SES Real Estate Group, LLC | |||
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Beautiful new construction home! Gourmet kitchen, stainless steel appliances, and gorgeous quartz counters. The kitchen has plenty kitchen cabinetry and hardware. Plenty of natural light. Bedrooms feature spacious closet space. Covered back patio creates a great space for entertaining!
Easy access to 225 Pasadena Fwy and Beltway 8. Just minutes from Houston and all the attractions it has to offer! You are never too far from restaurants or shopping. LOW TAXES and NO HOA! MOVE-IN READY! It won't last long!
Schedule your private showing today!
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Last Updated: 6 months ago
Data Source: HAR , MLS# 49032418
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017