4106 Grapevine 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%.
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | Listed by Realty Right | $230,000 | |
| Listed by Realty Right | |||
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Welcome to 4106 Grapevine, CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 10 bedrooms and 3 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio.
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| Nov 13, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Champions Real Estate Group | $202,000 | |
| Listed by Champions Real Estate Group | |||
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This Diamond is a one-of-kind, 5 bedrooms, 3 baths and a two car garage. This house has room for everyone and everything and can be an entertainers dream home. It has been tastefully updated and is absolutely gorgeous. It offers an eat-in kitchen, a den, a large family room and a nice formal dining room. Looks like a single story from the street but it is a large two story home. It's nestled in the the Southglen subdivision which is minutes from downtown and the medical center. Walking distance to public transportation and a hop, skip and a jump to Hwy 288 and the beltway. Some of the furniture is negotiable and the sellers are motivated. This house is a must see.
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Property Highlights
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Price/ft²
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About Southwest Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,599 /mo
- 2 Beds
- 2 Baths
- 830 ft²
$1,995 /mo
- 3 Beds
- 2 Baths
- 1,406 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017