2111 University Boulevard
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Boulevard Realty | $1,550,000 | |
| Listed by Boulevard Realty | |||
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Nestled on a picture-perfect, tree-lined block across from Rice University, this Southgate gem with garage apt blends classic elegance with modern innovation. A 2021 renovation introduced new doors, double-pane windows, beautifully remodeled bathrooms with designer tile and high-end fixtures, and refinished hardwood floors. A new roof (2023) and solar panels (2024) maximize efficiency while keeping energy costs impressively low. The stunning garage apartment boasts high ceilings, a sleek new kitchenette, and a modern bathroom. Step outside to an enormous backyard; an entertainer’s dream, offering ample space for a pool, gardens, and outdoor living. The large 2 car garage has a 240V EV charger for electric vehicles. With Rice Village, the Texas Medical Center, the Museum District, Downtown, and the light rail just minutes away, this home offers unparalleled convenience in one of Houston’s most coveted neighborhoods. See attached docs for a detailed list of upgrades
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017