232 Emerson Street
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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%.
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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.
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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 12, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | No longer available | - | |
| No longer available | |||
| Dec 5, 2024 | Listed by Boulevard Realty | $2,497,000 | |
| Listed by Boulevard Realty | |||
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Presenting an exceptional FourSquare Craftsman bungalow situated on an expansive, gated 18,752 sq. ft. lot in the heart of Westmoreland’s Historic District. This tree-lined corner lot provides treetop views from every vantage point. The home exudes classic elegance, featuring tall windows, 12-foot ceilings, stained glass, original hardwood floors, wood crown molding, and six fireplaces that add charm and warmth to every room. Spanning three stories, the main house offers 4 bedrooms, 3.5 baths, a cozy den with built-in shelves, and a third-floor media room with an ensuite bath, ideal for a guest suite. Outside, relax on the wrap-around porch or take a dip in the sparkling pool. A fully equipped 1-bedroom guest house is perfect for hosting. Recent updates include new electrical, plumbing, and renovated kitchen and baths, blending historic charm with modern luxury.
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| Oct 30, 2024 | Listed by Boulevard Realty | $2,800,000 | |
| Listed by Boulevard Realty | |||
| | |||
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Presenting an exceptional FourSquare Craftsman bungalow situated on an expansive, gated 18,752 sq. ft. lot in the heart of Westmoreland’s Historic District. This tree-lined corner lot provides treetop views from every vantage point. The home exudes classic elegance, featuring tall windows, 12-foot ceilings, stained glass, original hardwood floors, wood crown molding, and six fireplaces that add charm and warmth to every room. Spanning three stories, the main house offers 4 bedrooms, 3.5 baths, a cozy den with built-in shelves, and a third-floor media room with an ensuite bath, ideal for a guest suite. Outside, relax on the wrap-around porch or take a dip in the sparkling pool. A fully equipped 1-bedroom guest house is perfect for hosting. Recent updates include new electrical, plumbing, and renovated kitchen and baths, blending historic charm with modern luxury.
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About Central Houston
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Last Updated: 6 months ago
Data Source: HAR , MLS# 32509521
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