4015 Porter 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 |
|---|---|---|---|
| Nov 20, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 17, 2025 | Price Decreased |
$185,000
↓ $14K
(7.1%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by 5th Stream Realty | $199,024 | |
| Listed by 5th Stream Realty | |||
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Vacant lot with city-approved building plans in Prime location! This cleared and ready-to-build lot is located inside the 610 Loop, in a thriving neighborhood with tons of new development. The seller provides a recent land survey and topographic survey, ensuring a smooth start to your building process. Included in the sale are city-approved building plans for a stunning 2-story home featuring 3 bedrooms, 2.5 baths, an office, and a spacious game room. Conveniently located just minutes from Texas Medical Center, University of Houston, Downtown Houston, East Downtown, & NRG Stadium. Don't miss this opportunity to build your dream home or investment property in an area with tremendous growth potential.
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| Mar 4, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2021 | Listed by HomeSmart | $115,000 | |
| Listed by HomeSmart | |||
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Vacant lot in a booming area, close to the Texas Medical Center, NRG, BBVA, and other venues in downtown Houston, great location.
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Property Highlights
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About Southeast Houston
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Last Updated: 6 months ago
Data Source: HAR , MLS# 69779375
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