3706 Eagle Street
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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 |
|---|---|---|---|
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 27, 2023 | Listed by Keller Williams Realty Metropolitan | $215,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Investor special in the 3rd ward/ University area. The property is one block from UH Stadium, the Metro Rail, and Texas Southern University and is a great project for a rental of flip property. There is an existing structure in the back of the home that appears to be a converted garage. This property is an estate sale and is sold in as-is condition. Please contact Listing agent for additional information.
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Property Highlights
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About South Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 76731667
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