2966 Commerce 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 |
|---|---|---|---|
| Jul 15, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2022 | Listed by Keller Williams Realty - Memorial | $359,000 | |
| Listed by Keller Williams Realty - Memorial | |||
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Welcome home to 2966 Commerce St in the heart of EADO. This modern, energy efficient 3+ story home is located in walking distance to Tout Suite, Minute Maid Park, local bars, breweries, eateries, the Houston Dynamos & so much more! Incredible unobstructed views of downtown from the spacious rooftop terrace. The ideal outdoor space to watch baseball fireworks during the summer. Loft style home features 2 bedrooms on the 1st floor leading out to a small backyard space, perfect area to let the pets out. Utility room located on 1st floor. Covered patio off the kitchen w/room for a grill. Modern design throughout w/main living on the 2nd floor featuring a brick accented wall in the kitchen w/updated pendant lighting. SS appliances & fridge included. Separate eating area looking out over the expansive living room. Soaring ceilings & massive windows offer tons of natural light. Pops of color throughout. Museum District, Med Center & Downtown are all just a short ride on the light rail!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017