2221 Wavell Street
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 |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Ross & Marshall Realty | $85,000 | |
| Listed by Ross & Marshall Realty | |||
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Vacant lot ready for development, no restrictions. Single family or multi unit. Located in Harris county just off W. Montgomery Rd. There are upwards of 6 new builds on this street alone.
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| Dec 30, 2019 | Sold | ||
| Sold | |||
| Oct 17, 2019 | Listed by Modern Charm Realty | $31,900 | |
| Listed by Modern Charm Realty | |||
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LOWEST PRICED LOT ON THE STREET. New Build comps on this street sold for $130/sqft! Oversized lot, Seller just recently cleared and prepared for development. There are upwards of 10 New Builds on this street alone. Slab foundation was just poured for the property directly across the street from this lot. Modest 3 Bed/2 Bath homes in this area are selling for over 200K. Call the Owner/Listing Agent now to make a deal!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017