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3123 University Boulevard
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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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Energy Realty | $3,197,000 | |
| Listed by Energy Realty | |||
| Mar 11, 2025 | No longer available | - | |
| No longer available | |||
| Mar 10, 2025 | Listed | $3,300,700 | |
| Listed | |||
| | |||
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Welcome to 3123 University Blvd, a rare opportunity to own one of the largest lots in West University. This beautifully renovated home sits on a pier and beam foundation and offers the perfect blend of move-in-ready comfort with future potential. Updated in 2012, it features high ceilings, hardwood floors, energy-efficient windows, and a gourmet kitchen with granite counters and stainless appliances. The spacious primary suite includes a luxurious bath with dual vanities, soaking tub, and walk-in shower. Enjoy a private backyard oasis with a sparkling pool, mature trees, and lush landscaping. Bonus room off garage offers extra flexibility. Whether you want to live in now, expand later, or build your dream home, this property delivers endless possibilities in a prime location.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017