2524 Ruth Street
About This Property
Upon entering the front door, you are greeted by a sunroom that adds an extra touch of charm and versatility.
As you step into the front room you will be enveloped with natural light streaming through the many windows, bouncing off of the hardwood floors.
This south central location is unbeatable with easy access to major highways and public transportation, as well as being minutes from all downtown and the inner loop has to offer.
Don't miss your chance to make this classic bungalow your own and experience the best of Houston living!
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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 |
|---|---|---|---|
| May 11, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | Listed by Compass RE Texas, LLC | $300,000 | |
| Listed by Compass RE Texas, LLC | |||
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About South Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 90002709
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