3919 Alsace 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%.
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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 30, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed by Keller Williams Realty Southwest | $255,000 | |
| Listed by Keller Williams Realty Southwest | |||
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Modern-Scott Terrace- A spacious living area with an abundance of natural light and an open-concept layout that is perfect for entertaining. The kitchen boasts black appliances, quartz countertops, shaker cabinets, breakfast bar. The primary suite features a large bathroom with shaker cabinets and quartz sink. Additional features of this home include vinyl wood like flooring throughout, fenced backyard, room to add deck. New roof, new electrical panel box and outlets/switches, galvanized plumbing replaced with Pex pipe, water heater. New Carrier AC, coil, ducts and furnace, and GE black appliances. 2" Faux C blinds were installed. This property is conveniently located just minutes from Texas Southern University, University of Houston, and the Texas Medical Center, making it the perfect home for students, young professionals, and families alike. Don't Miss the WINNING home!
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| Nov 21, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by HomeSmart | $130,000 | |
| Listed by HomeSmart | |||
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A plethora of opportunities await you with this home in sought after Scott Terrace! Investors are welcomed!
Property sold as-is. Either remodel or rebuild! The choice is yours! Home located on a large lot, perfect for expanding the square footage. Home has a generous backyard!
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017