407 Exchange 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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Jan 16, 2022 | Listed by Fairdale Realty | $279,000 | |
| Listed by Fairdale Realty | |||
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Newly Remodeled 3 bedroom 2 bathroom. Open concept, 72 inch kitchen island, Free standing tub in the master, walking closet. All new Central A/C, Electric and Plumbing. Full gut remodel renovation.Passed all city inspections, all changes and additions approved by the city of Houston. This beautiful property will is a turn key property. Call agent for access code.
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| Jul 21, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Keller Williams HoustonCentral | $90,000 | |
| Listed by Keller Williams HoustonCentral | |||
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Lot Value only. Easy access to all major freeways, downtown, theater district and soon the exciting new East River development by Midway Companies. NEW CONSTRUCTION AND RENOVATION TRENDS IN SURROUNDING AREA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017