2603 Wayne 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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by TUXOR REALTY | $55,000 | |
| Listed by TUXOR REALTY | |||
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A vacant lot, 50 feet by 100 feet, in the 3rd Ward, northeast of Houston downtown. All utilities available for new home construction.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 19, 2021 | Listed by Century 21 Olympian Galleria | $52,400 | |
| Listed by Century 21 Olympian Galleria | |||
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Great location to build your dream home. Near 59-N and I-10 E, off Liberty Rd. Lot is 50 by 100 but not quite a rectangle shape.*Please contact The City of Houston Zoning Department for approval and restrictions of what can or can't be legally placed on the property. Thank you kindly in advance.*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017