2935 Ferndale 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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Listed by Greenwood King Properties - Kirby Office | $785,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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Exceptional investment opportunity in the heart of Upper Kirby. Situated on a 5,000 square foot (HCAD) lot, this original home would be perfect for office space or building site surrounded by mature oak trees and some of Houston’s best antique shops. Close proximity to shopping, dining, major freeways, Downtown and Medical. Appointment required to walk the lot. All per seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017