5
Map
408 Mitchell 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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$175,000
↓ $24K
(12.1%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed by Cortiers Real Estate | $199,000 | |
| Listed by Cortiers Real Estate | |||
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Listed by Stag & Stone Realty LLC | $125,000 | |
| Listed by Stag & Stone Realty LLC | |||
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Welcome to 408 Mitchell St! It is conveniently located less than 3 miles from Kyle Field and Texas A&M University. This 3-bedroom, 2-bath home offers a functional layout and solid foundation, making it a great opportunity for investors or buyers looking to customize a home and make it their own. Inside, you’ll find lovely laminate flooring and a layout with great potential to update or personalize to your style. Step outside and enjoy the covered front porch, a perfect spot to relax and unwind. With its prime location near campus, strong potential, and inviting features, this property is full of possibilities. Schedule your private showing today and come see the opportunity for yourself! Let's make this home yours before it's too late!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017