8
Map
2712, 2714 & 2716 Nettleton Street
About This Property
All major pre-development work has already been completed, significantly reducing time, cost, and risk for the next owner. Plans are ready, and the following items are fully completed and transferable:
Survey
Replat / Plat approval
Soil report
Demolition
This shovel-ready lot offers immediate build potential with regulatory advantages that are increasingly difficult to obtain. Ideal for developers or builders seeking a streamlined path to construction in a high-demand urban area. *Building plans are available upon request*
Listed By
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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 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 26, 2026 | Listed by eXp Realty LLC | $399,999 | |
| Listed by eXp Realty LLC | |||
| May 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2026 | Listed by eXp Realty LLC | $399,999 | |
| Listed by eXp Realty LLC | |||
| |||
|
*SHOVEL READY* Exceptional development opportunity on a corner lot in a rapidly redeveloping inner-loop location. Property has been replatted and benefits from grandfathered-in front-loader access, a feature no longer permitted by the City, providing a rare and valuable entitlement advantage for future construction.
All major pre-development work has already been completed, significantly reducing time, cost, and risk for the next owner. Plans are ready, and the following items are fully completed and transferable:
Survey
Replat / Plat approval
Soil report
Demolition
This shovel-ready lot offers immediate build potential with regulatory advantages that are increasingly difficult to obtain. Ideal for developers or builders seeking a streamlined path to construction in a high-demand urban area. *Building plans are available upon request*
| |||
| Jan 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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Price/ft²
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017