2811 N Houston Drive
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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by eXp Realty, LLC | $137,000 | |
| Listed by eXp Realty, LLC | |||
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Luxe Living Group, LLC | $129,000 | |
| Listed by Luxe Living Group, LLC | |||
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Charming home nestled in an established neighborhood, where you'll find a perfect blend of serenity and convenience. Situated on a large lot adorned with mature trees, this home offers an inviting atmosphere and endless possibilities. While this residence requires some work, it presents an incredible opportunity for that seasoned investors or a first-time buyer with a vision! One of the standout features of this home is the generous backyard and deck, providing ample space for outdoor activities, and entertaining guests. Don't miss out on the chance to make this home your own. With some TLC and a vision, you can transform this diamond in the rough into a gem that reflects your personal style and taste. Schedule a showing today and take the first step towards making this house your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017