2406 Gray Street
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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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Listed by City Brix Realty | $449,000 | |
| Listed by City Brix Realty | |||
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Located minutes from Downtown, Midtown, Montrose, and EaDo, Point East is a collection of 33 homes allowing you to be part of a unique community. Point East gives you options without sacrificing style or quality- choose from two finish packages to ensure your home fits your style. The community is gated and contains a private resident's park with water features. All homes feature oversized windows and enormous primary suites for your comfort. Visit the model at 2412 Gray Street on Saturdays and Sundays from 1-4 PM.
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About South Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 41961662
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017