3520 Bastrop 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 8, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | Listed by Urban Living | $474,990 | |
| Listed by Urban Living | |||
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Houston Best Realty, Inc. | $265,500 | |
| Listed by Houston Best Realty, Inc. | |||
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Very close to the recently rebuilt $33.5 million renovated Emancipation Park. The property could be renovated but due to the condition it most likely will be a great location for rebuilding. Surrounded by new home and townhome construction. This area is rapidly growing and close to Downtown, Univ. of Houston, Medical Center, TSU, and close to major freeways. Great Investment property...As Is - Owner to do no repairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017