204 Tabor Street
About This Property
CUTE AND COZY HOUSE in The Heights is available now on the market with multiple opportunities! AC unit installed in 2018, updated bathroom. The entire house's electric wiring has also been updated. Perfect primary residence or income opportunity with short-term and long-term rental options in its prime location! However, if you prefer to build a brand new construction home, the City of Houston permits and seal are ready and approved for you with blueprints in hand! Please text me or call for further details.
Home is sold as is NOT NEGOTIABLE, PLEASE DO NOT BOTHER THE TENANTS, HOME IS OCCUPIED Tenants lease ends at the end of March.
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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 2, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by Texas International Realty | $289,000 | |
| Listed by Texas International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017