2402 Cleburne 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 |
|---|---|---|---|
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 29, 2025 | Listed by Nan & Company Properties - Corporate Office (Heights) | $225,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
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Prime corner lot at 2404 Cleburne St. offers a rare opportunity to build your dream home inside the loop. This cleared 5,775 sq. ft. lot is an exceptional find with its generous size and unbeatable location. Just minutes from Downtown, the Texas Medical Center, the Heights, Montrose, Midtown, and University of Houston, it’s perfectly positioned for convenience and lifestyle. With easy freeway access and proximity to Houston’s top attractions, this is an ideal spot for investment or new construction.
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| Sep 6, 2025 | Price Decreased |
$225,000
↓ $45K
(16.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017