2414 Terry 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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Relisted | $191,000 | |
| Relisted | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Listed by Redfin Corporation | $191,000 | |
| Listed by Redfin Corporation | |||
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Attention investors & dream home creators! This sold-as-is property presents an incredible opportunity for transformation into your envisioned haven or a lucrative Airbnb investment. Nestled on an oversized downtown Houston lot, this canvas is ready for your creative touch. Positioned in proximity to Marshall Middle School, Davis High School, the vibrant White Oak Music Hall, Woodland Park, Minute Maid Park, Saint Arnold Brew House, Houston Aquarium, & the University of Houston Downtown, this location embodies convenience & accessibility. In heart of Houston, Texas, this property encapsulates the true spirit of the city, surrounded by an array of attractions & amenities that define the vibrant Houston lifestyle. Don't miss this chance to make your mark in this bustling urban landscape. Please note that all appliances currently in the home are not included in the sale, allowing you the freedom to design & equip this space according to your preferences.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017