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1411 Tulane Street
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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 24, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Compass RE Texas, LLC - The Heights | $799,900 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Feb 6, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Douglas Elliman Real Estate | $715,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Great opportunity to make one of the original Houston Heights Bungalows your own! Located on a 6,600 sq. ft. lot. Completely restored and renovated. Brand new double paned windows throughout the home. Engineered Harwood throughout. Both bathrooms completely restored and renovated. All throughout the home, the cabinets and drawers have been refaced and brand-new hardware installed. Brand new cabinets, quartz counter tops and new appliances in the kitchen. There is a sitting area, plus an office/study area adjacent to the cozy breakfast nook and an area for stool seating along the peninsula/bar. New exterior hardie plank siding and brand-new front deck. Backyard retreat for entertaining or your morning coffee. A few short blocks from Heights Blvd. where you'll find restaurants, bars and shopping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017