1415 Shearn 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 16, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Bayou City Brokers | $499,000 | |
| Listed by Bayou City Brokers | |||
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Three story + roof deck- freestanding home in small 12 unit community. Great FIRST WARD ARTS DISTRICT location, walk / bike trails to Downtown ,Houston Heights , Sawyer Heights ,Washington Corridor, 610 loop. Easy access onto HWY 45, HWY 59 , I-10 , Texas Medical Center . Location -Location -Great walkability neighborhood , also miles of trails a block away. Shopping, groceries, restaurants-clubs, microbreweries ,climbing, axe, Yoga, cross training in neighborhood. Flexible open plan has tall ceilings, 3.5 baths , 3 private bedrooms each en suite or two bedrooms + home office /study your choice. Skyline views- Roof deck with utilities ( water-gas-electric) perfect for gardening, entertaining and star gazing . Full size -Walk in utility closet on fourth floor has great storage space, no pull down staircase needed. Available now.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017