4005 Barnes 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 |
|---|---|---|---|
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by The Monarch Team, LLC | $660,000 | |
| Listed by The Monarch Team, LLC | |||
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Welcome Home...This property is located in the heart of Rice Military with easy access to Downtown Houston!! The first floor has a bedroom that includes a fridge and a spacious suite bar that can potentially be used as a short-term rental. All bedrooms are very spacious with walk-in closets! The primary room has an extra-large walk-in closet connected to the double vanity luxurious bathroom! Light sleeper?! The primary bedroom has soundproof isolation within the walls that's definitely a plus! The 4th story welcomes you to a rooftop patio that's perfect for a summer BBQ. In addition, for our furry best friends there is access to a dog park/play area right aside from the backyard. Furniture negotiable with reasonable offers. Inquire within for more information!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017