1825 Viking Drive
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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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Boston Real Estate Group LLC | $750,000 | |
| Listed by Boston Real Estate Group LLC | |||
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Unique, original Oak Forest Home with a deep pool that sits on a rare, private, & double lot. Pre-listing appraisal recommends raze & split into two lots, or this uniquely original 50's design could be one incredible renovation project & price improvement leaves plenty of room for that! The mid/mod design features 3 bed/3bath down 1 & bed/1 bath up w/ tons of bonus space that has exterior access-perhaps could one day be income producing? Lots of charm in the home's original custom features including the built-ins, & pocket doors. Primary closet and bath are recently renovated & move-in ready. Oak Forest is an established neighborhood sitting right outside the 610 Loop in Central Northwest Houston, providing easy access to any major freeway yet is nestled away from the hustle & bustle of Houston, w/in blocks from the White Oak Bayou Greenway Trail, & a lovely mix of both original & updated 40-50's homes & new construction. This is a place Houston has cherished generations, you will too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017