2606 Marlen Avenue
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 |
|---|---|---|---|
| Oct 5, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by Malone Real Estate Group | $209,000 | |
| Listed by Malone Real Estate Group | |||
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Welcome home to this cute one story home in the Kingston Place subdivision. It features a double wide driveway with an attached two car garage and fully fenced backyard. Inside you'll find new paint, floors, fixtures and appliances in the three bedroom, one and a half bathroom space. The full bath is in the hallway and the primary bedroom boasts the convenient half bath. The fully remodeled kitchen flows into a small breakfast area and living area. The den inside the front door is multi functional. There is new plumbing and electrical. Take advantage of this rare opportunity, as this has been a long time family home. Close to San Jacinto College Central Campus. Easy access to Beltway 8, I-45, Hwy 225 and shopping. Approximately 30 minute drive to Downtown Houston and the Medical Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017