11
Map
2438 Southgate Boulevard
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 |
|---|---|---|---|
| Jan 15, 2023 | Listed by Compass RE Texas, LLC | $2,850,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
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Location. Location. Location. Welcome to 2438 Southgate in the highly sought after Brantwood subdivision, located just 6 blocks south of Rice Village! This 1940's bungalow sits on a 6,600sqft lot on a beautiful tree lined street and is walking distance to Rice Village, Rice University, The Medical Center, or a short ride into downtown! This charming home comes with 2 bedrooms, and 2 full bathrooms. Additional home features include original hardwood floors, a study/flex space off of the living room, stainless steel appliances, and a back patio leading to the garage. This house is perfect to either live in now, or invest and build later!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017