3523 Sunset Boulevard
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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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Greenwood King Properties | $2,595,000 | |
| Listed by Greenwood King Properties | |||
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Unique opportunity to build your dream home on a large corner lot (approximately 110x150) on prime block in West University. There will only be two homes on the south side of the 3500 block of Sunset. Seller has completed a re-plat to divide the current 150’x150’( per HCAD) property to 110’x150’ and eastern neighbor will retain the balance of the property. Please note that the large live oak, if removed, will require approximately 17” of tree diameter replacement, which includes a 50% credit on actual diameter due to the tree’s poor health, per the West University forester. Survey and tree survey are available upon request. * All per Seller
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About Southwest Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 14423608
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Address: 335 Madison Avenue, New York, NY 10017