3224 Southmore 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, 2026 | Listed by Womack Development & Investment Realtors | $695,000 | |
| Listed by Womack Development & Investment Realtors | |||
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 22, 2025 | Listed by Renters Warehouse Texas, LLC | $725,000 | |
| Listed by Renters Warehouse Texas, LLC | |||
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Impressive completely remodeled home situated on a corner lot in the sought out North Macgregor subdivision of Southwood Oaks. Boasting tons of character and charm this home offers a formal living and dining space, spacious kitchen with brand new stainless steel appliances, beautiful wood floors throughout, custom light fixtures and bonus flex room that can be used as a game room, gym or home office. Extra large 2 car garage. Also INCLUDED a fully renovated 2 bedroom guesthouse equipped with all appliances. Huge meticulously landscaped lawn with custom wood deck perfect for entertaining. Minutes from The Medical Center, Museum District, Downtown and many popular eateries and entertainment venues. A MUST SEE!!! Ready for immediate move in!!
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017