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3416 Emancipation Avenue
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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 |
|---|---|---|---|
| Aug 14, 2026 | Listed by Pinnacle Realty Advisors | $325,000 | |
| Listed by Pinnacle Realty Advisors | |||
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Womack Development | $250,000 | |
| Listed by Womack Development | |||
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Location Location Location! Walking distance to Emancipation Park which recently underwent a $33.6M renovation. Close proximity to the University of Houston, Texas Southern University as well as the major travel arteries, 59, 610, 45 & 288. With new development all around, this property is ripe for new construction. Texas Medical Center, Downtown Houston, Museum District & Midtown are minutes away from this property. Amazing Real Estate Development and growth in the area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017