37
Map
3607 Drummond 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 |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by Martha Turner Sotheby's International Realty | $1,599,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Oakington Realty | $1,250,000 | |
| Listed by Oakington Realty | |||
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*Never flooded* Beautifully maintained 2 story home in a very desirable location within the family-friendly Braes Heights neighborhood. Recent kitchen renovation with new countertops, backsplash, hardware and paint. Large family room overlooking the backyard that has plenty of room for a pool or playset. Relax on the tree swing in the front yard! First floor study with built ins and a large dining room ready to host your family and friends. Upstairs you will find a large primary suite with sitting area as well as 3 additional bedrooms and a game room. Walk to the highly-rated Mark Twain Elementary which is an IB World School and a Literary Development Magnet. Several nearby parks, restaurants, and shopping locations. Close to the Brays Bayou Greenway Trail for running, walking, & biking. This centrally located home makes for an easy commute to the Galleria, the Medical Center, downtown & all of Houston’s premier attractions, including the Houston Zoo & NRG Stadium.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017