1406 Cleburne Street
About This Property
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by Compass RE Texas, LLC - Houston | $484,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to 1406 Cleburne St, a newly constructed contemporary home located in the dynamic heart of Midtown Houston and only blocks from Ion District. This property features an airy open floor plan accentuated by high ceilings and floods of natural light, creating a bright, welcoming atmosphere. Finished with elegant laminate wood, sleek tile flooring, and recessed lighting. The gourmet kitchen is a culinary dream, equipped with SS appliances and a large island. Each of the three spacious bedrooms boasts a private ensuite bathroom; the primary bath is particularly luxurious, featuring a separate shower, deep soaking tub, and dual vanities. The second-floor living room, dining room, kitchen, and private patio offer a relaxing space. It is located in prime Midtown, steps away from some of Houston's best dining, shopping, and cultural experiences. Discover elegance and unparalleled comfort at this premier Houston residence. Schedule your private showing today!
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| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017