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1401 Scharpe Street
About This Property
Discover the perfect blend of traditional charm and modern convenience in this 4-bedroom, 2.5-bath home, ideally located just 4 miles from Downtown Houston and only 2 minutes from the University of Houston.
Step inside to an open and airy first-floor living area, perfect for relaxation and entertaining. The family room connects to a kitchen with a breakfast bar, ideal for quick meals and morning coffee.
The first-floor primary bedroom features an en-suite bath with a shower. Upstairs, find two spacious bedrooms with a shared tub/shower combo bath. A half bath on the main floor adds convenience for guests.
The home is SOLD AS IS, offering a fantastic opportunity to make it your own. The well-maintained yard is perfect for outdoor activities.
Experience the ideal Houston lifestyle in this dream home. Contact us today to schedule a private tour!
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Cap Rate Calculator
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 8, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 9, 2025 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 6, 2025 | Price Decreased |
$380,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017