8
Map
4110 Farmer 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 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 10, 2026 | Listed by Rocket Realtors | $229,000 | |
| Listed by Rocket Realtors | |||
| Mar 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 20, 2026 | Listed by Rocket Realtors | $229,000 | |
| Listed by Rocket Realtors | |||
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CLEARED, REPLAT-COMPLETE, NOT A FLOOD ZONE, 6 side-by-side lots available to build-on to make your ideas, plans and projects realized. Highly configurable residential use, do single family home(s), multi family residential homes or combine it all in to one single family residential with a spacious cul-de-sac lot; any which way you slice it or keep it all together it will be a tremendous opportunity to get in on an up & coming area with plenty of new development all around. Minutes from Downtown Houston,Houston Medical Center, EADO, University of Houston and more. Location provides wonderful easy access to the major thoroughfares of I-10, I-69/59, and I-45. The replat provides 6 lots at approximately 25X85 a piece giving you 6 doors configured as 3 duplex's or 6 individual single-family homes. We thank you for your consideration. Completed REPLAT adds a tremendous value, you can even sell each side of duplex individually if so desired; or combine all the lots or build 6 individual SFR's
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| Mar 12, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017