3524 Ruth 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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | Listed by The MW Realty Group | $290,000 | |
| Listed by The MW Realty Group | |||
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Braden Real Estate Group, LLC | $189,000 | |
| Listed by Braden Real Estate Group, LLC | |||
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Property currently occupied. Tenants will move out at the end of April. Estate Sale, current seller has no detailed information about property. Please do your due diligence and verify all information including room dimensions.
Selling AS-IS/where is
Centrally located and in walking distance to Texas Southern University and 2 minutes from the University of Houston. The possibilities for this home are endless. Investors welcomed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017