1950 Purswell Street
About This Property
Located centrally in the city of Houston, it is an easy commute from the Galleria, Memorial Park, Memorial City Mall and prime entertainment and dining. Spacious and energy efficient, this gated community has everything you're looking for!
Surrounding area has planned development for future growth! Please visit the model at 1952 Purswell. Two other floor plans are available, please contact the listing agent for more info!
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by eXp Realty, LLC | $435,000 | |
| Listed by eXp Realty, LLC | |||
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Farmhouse chic three story, the Sienna is a 3/3.5 bath townhome located in the Highly Desired Spring Branch area features an open floor plan and a unique elevated flex space adjacent to the living area, and his and her closets.
Located centrally in the city of Houston, it is an easy commute from the Galleria, Memorial Park, Memorial City Mall and prime entertainment and dining. Spacious and energy efficient, this gated community has everything you're looking for!
Surrounding area has planned development for future growth! Please visit the model at 1952 Purswell. Two other floor plans are available, please contact the listing agent for more info!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017