3418 Blodgett Street
About This Property
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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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by Womack Development & Investment Realtors | $160,000 | |
| Listed by Womack Development & Investment Realtors | |||
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Located in the heart Houston's Third Ward neighborhood, this lot is located directly across from Texas Southern University. Ideal property to build duplex or a small off campus housing alternative to students. Close proximity to University of Houston, Downtown Houston, Texas Medical Center, Museum District and Midtown. Buy and build or hold as the value appreciates.
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| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 6, 2024 | Relisted | $190,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017