2763 Freund Street
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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%.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Compass RE Texas, LLC - Houston | $545,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Gorgeous, modern freestanding home in East Downtown. Rivals new construction. Minutes from Minute Maid Park, Shell Energy Stadium, greenbelts, golf, biketrails and the exciting, new East River Development. Featuring a spacious floorplan with large, light-filled rooms, gorgeous white oak floors and many high-end upgrades. Expansive kitchen with spacious island, quartz countertops, gas range and beautiful appliances. Gorgeous den with modern fireplace. Balcony off den offers great downtown views. First level offers a bedroom w/full bath or optional study. The third floor offers two large bedrooms including the Primary Bedroom with a spacious spa bath and large, walk-in closet. The top floor offers a sensational rooftop terrace with unrivaled downtown, skyline views. A summer kitchen w/grill, sink and tv await...don't miss this great looking home in a quiet enclave in East Downtown.
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Compass Re Texas, LLC | $499,900 | |
| Listed by Compass Re Texas, LLC | |||
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Outstanding views of Downtown Houston from this gorgeous modern free-standing townhome in East Downtown. Featuring large double-pain windows, engineered hardwood floors, and high-end upgrades throughout, this home has an expansive kitchen with a large island and quartz countertops. High ceilings and unobstructed downtown views from both the second-floor balcony and the fourth-floor balcony which features a full outdoor kitchen! 1 bedroom on the first floor with the other 2 bedrooms on the third floor. The primary bedroom includes a custom-built closet with built-in shelves and a rain shower in the primary bathroom! The fireplace is warm and inviting and has custom lighting. Mere blocks from the Mill at Eado (2023/2024), the Esplanade at Navigation, and the East River Development (2023), which includes restaurants, high-end living, and a golf course. Fiber optic internet with WiFi extenders, wired for smart home compatibility, watch fireworks at Minute Maid from the balcony!
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017