1508 Vassar 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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,149,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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1508 Vassar is one of the most charming 1930's homes, situated on a tree-lined street in Boulevard Oaks. This 3 bed, 2.5 bath home is renovated throughout and still has all of the charm! The first floor offers several living spaces including a light-filled sunroom, large living room, formal dining room that is open to the gourmet kitchen, huge den, and breakfast room with wet-bar. The kitchen, which has ample storage and stainless steel appliances, was remodeled in 2021. The den was updated with hardwood floors and the powder bath was completely redone. The second floor offers three bedrooms and two full bathrooms, including a primary suite with a stunning marble clad bathroom. The backyard features a wood deck that is great for outdoor entertaining, a large yard, and a two-car garage. Other updates include new roof (2024), plumbing updates (2024), fireplace update (2020), water heater (2019), HVAC replacement (2018/19), and all new duct work (2018). All updates per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017