3039 Gray Street
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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%.
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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.
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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 9, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by eXp Realty, LLC | $470,000 | |
| Listed by eXp Realty, LLC | |||
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Beautiful new construction development by Ritex Homes. 3 bedrooms, 3 1/2 Baths with parking for 4 cars, 2 in garage and 2 on the driveway. The home boasts 2 Primary suites - A smaller one on the 1st Floor and the main one on the 3rd Floor. With a Front balcony on the Second Floor, there is ample natural lighting. You can not beat dual Rooftop Terrace. One faces downtown and the other is facing into the community. Oversized shower and Standalone Tub in primary Bathroom for all of your needs. No Carpet in the Entire Home is definitely a plus! The home has Waterproof LVT, Tile, and beautiful Calcutta Quartz Countertops throughout to give it a really uniform look! Conveniently located next to downtown and all major roads. NOTE: PHOTOS ARE FROM PREVIOUS COMPLETED PROJECTS. THERE WILL BE SLIGHT DIFFERENCES IN FINISHES / LAYOUT.
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| Dec 18, 2020 | Sold | ||
| Sold | |||
| Oct 18, 2019 | Listed by Nan & Company Properties | $164,000 | |
| Listed by Nan & Company Properties | |||
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Corner and cleared lot in the Third Ward area. Easy access to both I-45 and 59. Located close to University of Houston and Downtown. Developing neighborhood with a lot of new construction homes around. Perfect opportunity for investors and developers.
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About South Central Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 53937048
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017