3006 Orchard 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 |
|---|---|---|---|
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2020 | Listed by Engel & Volkers Houston | $299,999 | |
| Listed by Engel & Volkers Houston | |||
| | |||
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4 Bedroom/ 4 bath home in quiet gated community, The Orchard, with easy access to Loop 610 and minutes to Downtown, Meyerland, Galleria, Reliant Stadium and Greenway Plaza. Zoned to Pershing Middle School. Living area has large windows, hardwoods and wood burning fireplace. Large primary bedroom w/large bath, jacuzzi tub w/separate shower, marble countertops and tiled floors. Hardwood, custom cabinets, Granite countertops, built in Kitchen and covered patio, and ceiling fans throughout.
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| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Sep 15, 2020 | Price Decreased |
$335,500
↓ $15K
(4.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017