48
Map
4422 Shelton Road
About This Property
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Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Listed by New Age | $149,000 | |
| Listed by New Age | |||
| Aug 9, 2025 | Price Decreased |
$149,900
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed | $159,900 | |
| Listed | |||
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Don’t miss this versatile property in the heart of Houston! Sitting on a spacious lot, this 2 bed, 2.5 bath main home comes with two additional detached buildings—perfect for extended family, rental income, or creative use. The first detached unit features 1 bedroom and 1 full bath, while the second unit is a studio-style building with a separate bedroom. All three structures are in good condition and share a single electric meter, offering convenience and potential for value-added improvements. With just a little cosmetic work and updating, this property can truly shine. Ideal for investors, multi-generational living, or those looking to live in one unit and lease the others. Properties like this don’t last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017