3515 Nottingham 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.
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,395,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Fabulous opportunity in the sought after 3500 block of Nottingham in West University. This 11,250sf lot features many beautiful, mature trees and a private pool in the backyard. The property is being sold at lot value and the home will be sold As-is, seller will make no repairs. Must have an appointment to walk the property as the home is occupied.
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About Southwest Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91282085
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