16422 Garrett Road
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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 14, 2026 | Listed by JN REALTY GROUP LLC | $165,000 | |
| Listed by JN REALTY GROUP LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 5, 2020 | No longer available | - | |
| No longer available | |||
| Jul 24, 2020 | In contract | - | |
| In contract | |||
| Jul 20, 2020 | Listed by Keller Williams - Platinum Houston | $109,000 | |
| Listed by Keller Williams - Platinum Houston | |||
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This unrestricted 1.57-acre lot in Northeast Houston is perfect for all your needs. With easy access to Beltway 8, Generation Park, and Humble, this property is perfect for building a home or expanding your business to the Northeastern Houston market. Electricity is available on the street. Schools are zoned to Sheldon ISD. Call today for more information!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017