1511 Harrop Avenue
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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Relisted | $165,000 | |
| Relisted | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Shaw Real Estate | $165,000 | |
| Listed by Shaw Real Estate | |||
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1511 Harrop Ave in Pasadena, TX, is a 2-bedroom, 1-bathroom single-family home located in the Pasadena Gardens neighborhood. Built in 1944, the home offers approximately 786 sq ft of living space on a 7,875 sq ft lot.
The property features a traditional design with wood siding and a slab foundation. Interior amenities include laminate, tile, and vinyl flooring, ceiling fans, a gas oven and range, and washer hookups The home is situated in a prime location with easy access to major freeways like TX-225 and Beltway 8, making it ideal for commuters. This property presents a great investment opportunity, especially for rental purposes, and is priced accordingly to reflect complete remodel and transformation.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017