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3709 Main Aspen Drive
About This Property
The community provides ample visitor parking, making it perfect for hosting family and friends. Located in the heart of Houston, this property offers unmatched accessibility-just minutes from downtown, the Medical Center, and the Galleria, with Reliant Stadium within walking distance. This home is a true gem in an unbeatable location!
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Keller Williams Realty Metropolitan | $289,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017