3511 Plumb Street
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by New Leaf Real Estate | $4,495,000 | |
| Listed by New Leaf Real Estate | |||
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This extensively renovated home is situated on a large 9000 square foot lot in a coveted quadrant of West University. Thoughtfully redesigned with a new floor plan by Frasier Homes and completed in 2023. Stunning kitchen opens to the double height breakfast area and family room. Spacious & open floor plan has 6 bedrooms & 6.5 baths plus a game room. Entertain easily with a central bar which opens to the living room, or lounge in the library/formal. The exquisite primary suite has a sitting area, gorgeous view over the backyard & elegant marble bathroom. Beautifully landscaped front and back yards, a stunning pool & hot tub, spacious patios, turf back yard, a built-in grill & beverage area. Upgrades also include: elevator, mud room & double utility, hardscape and driveway, 2023 roof & whole house generator! There is also a large climate-controlled studio/workshop off of the garage. Garage features slat walls and epoxy flooring. Walk to Tiny's & WU town center!
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| Apr 28, 2021 | Sold | ||
| Sold | |||
| Mar 29, 2021 | Listed by Greenwood King Properties | $1,999,000 | |
| Listed by Greenwood King Properties | |||
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Wonderful brick traditional on 9000 sf (HCAD) lot on quiet West U block walking distance to City Center. Home needs updating and TLC but has amazing potential. 4 bedrooms, huge second floor game room plus third floor. Front and back staircases. Great opportunity.
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017