1506 Everett Street
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by The Advisory Real Estate + Development | $309,000 | |
| Listed by The Advisory Real Estate + Development | |||
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Built in 1900, 1506 Everett Street is a charming, vintage, well-maintained Victorian style home! Located in the desirable, transitioning area northside of downtown, this spacious home offers 1,580 SF, three bedrooms, two full baths and a study/flex room! A gated residence, this home features hardwood floors, Saltillo tile, high ceilings, central HVAC, walk-in closets, an in-house utility room, ceiling fans and a covered patio area in the rear with extra storage! This home boasts downtown skyline views and is only two blocks from the light rail with easy access to all major freeways! The Northside is a sought-after area due to its value, proximity to downtown and its walkability to area hot spots like Gristworkz, Bad Astronaut Brewing and Rabbit's Got the Gun! All this and mere minutes away from the iconic White Oak Music Hall, Saint Arnold's Brewery and the lovely White Oak Bayou Greenway trail - plus every other downtown destination that Houston has to offer! Come Live Where You Play!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017