3111 Newhoff Street
About This Property
Located just minutes from downtown Houston, this lot boasts convenient access to major highways, local amenities, and the vibrant culture that makes Houston unique. Whether you're looking to build your dream home or expand your real estate portfolio, this property's central location and potential make it an excellent choice.
Key Features:
Prime Location: Close to downtown Houston and major transportation routes
Versatile Use: Ideal for building a single-family home or other creative projects
Proximity to Amenities: Easy access to shopping, dining, parks, and schools
Don't miss this opportunity to own a piece of Houston in a rapidly growing area.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Listed by United Real Estate | $75,000 | |
| Listed by United Real Estate | |||
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Welcome to 3111 Newhoff St, an exciting opportunity in the heart of Houston, Texas! This property offers a versatile space perfect for your next project or investment venture.
Located just minutes from downtown Houston, this lot boasts convenient access to major highways, local amenities, and the vibrant culture that makes Houston unique. Whether you’re looking to build your dream home or expand your real estate portfolio, this property’s central location and potential make it an excellent choice.
Key Features:
Prime Location: Close to downtown Houston and major transportation routes
Versatile Use: Ideal for building a single-family home or other creative projects
Proximity to Amenities: Easy access to shopping, dining, parks, and schools
Don’t miss this opportunity to own a piece of Houston in a rapidly growing area.
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| Nov 22, 2024 | No longer available | - | |
| No longer available | |||
| Nov 8, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017