3561 Corder 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by Nextgen Real Estate Properties | $204,990 | |
| Listed by Nextgen Real Estate Properties | |||
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Welcome to this charming single-story gem nestled in a thriving up-and-coming neighborhood! This 3-bedroom, 2-bath home boasts 1,572 sq ft of thoughtfully designed living space, perfect for those seeking a comfortable starter home or a smart investment opportunity. The generously sized bedrooms provide ample room for relaxation and personalization. The heart of the home is the modern kitchen, featuring a stunning waterfall-style island that not only enhances functionality but also adds a touch of elegance to the space. Recent updates include a newly repaired foundation and new A/C Unit and new flooring throughout. This home seamlessly combines comfort with style and is ready to welcome its new owners. Don’t miss your chance to own a piece of this promising neighborhood.—schedule your viewing today and envision the possibilities! Some photos are virtually staged.
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| Sep 7, 2023 | Listed by Nextgen Real Estate Properties | $204,990 | |
| Listed by Nextgen Real Estate Properties | |||
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Welcome to this fantastic 3 bedroom, 2 bathroom, 1,572 sq ft home in a prime location! Nestled close to 610, NRG stadium, Downtown Houston, and the Medical Center. Situated in a highly sought-after area, this home provides easy access to major attractions and amenities, making it a coveted spot for both residents and potential renters. The property boasts several recent upgrades, including HVAC system, a recently replaced roof, and water heater. The kitchen is a highlight, featuring a stunning granite waterfall counter and modern LED lighting throughout. With its prime location and investment-friendly condition, this property has the potential to generate rental income or become your dream home with a little TLC.
**This property has foundation issues that are being addressed. The foundation comes with a lifetime warranty.
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| Apr 25, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Southeast Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98956724
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