18203 Hereford Lane
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Keller Williams Realty Clear Lake / NASA | $265,000 | |
| Listed by Keller Williams Realty Clear Lake / NASA | |||
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Welcome to your next investment opportunity in Nassau Bay! This 3-bedroom, 2-full bathroom house is the perfect gem for investors seeking a lucrative venture. The house has been thoughtfully upgraded with new cast iron and plex plumbing, ensuring durability and peace of mind for years to come. Additionally, enjoy the convenience of a 7-month-old A/C and furnace, offering modern comfort and efficiency. Inside, discover a spacious layout that provides ample room for customization and enhancement. The bedrooms offer cozy retreats, while the bathrooms promise relaxation and convenience. Outside, the property features a spacious fully fenced in backyard, with a partial covered back patio, ideal for outdoor gatherings or relaxation. With its prime location, recent upgrades, and endless potential, this property presents an enticing opportunity for investors to capitalize on the thriving Houston real estate market. Don't miss out on this investor special—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017