3032 Tangley Road
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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 8, 2023 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Compass RE Texas, LLC | $1,950,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Brombacher & Co. | $875,000 | |
| Listed by Brombacher & Co. | |||
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Situated mid-block between Buffalo Speedway and Belmont. Ready for new construction or full remodel. This is a great block with lots of trees and beautiful homes. Easy bike ride to Weir Park, Rice Village, and West U Elementary! Convenient access to Texas Medical Center, Greenway Plaza, Downtown, and Rice University. Lot value only - sold in present condition, as-is.
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About Southwest Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98983417
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017