4425 Laurel Drive
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Womack Development & Investment Realtors | $425,000 | |
| Listed by Womack Development & Investment Realtors | |||
| Jul 16, 2026 | No longer available | - | |
| No longer available | |||
| Dec 30, 2025 | Listed by Keller Williams Realty Metropolitan | $450,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Prime opportunity in sought-after Riverside Terrace! This 1948 ranch-style home in need of a full remodel is being sold for lot value on an oversized 13,000+ SF corner lot with an incredible heritage oak tree. Ideal for renovation or new construction in a high-demand area surrounded by redevelopment. Previous owners expanded the rear of the home, reducing yard depth; this addition can be removed to restore backyard space and outdoor potential. Located minutes from the Texas Medical Center, Downtown Houston, University Area, UH, TSU, Hermann Park, and major commuter routes. A rare chance to reimagine or rebuild this one story home, with three spacious bedrooms, family room and den. Riverside Terrace is one of Houston’s most desirable historic neighborhoods known for character, convenience, and long-term value.
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About South Central Houston
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$2,400 /mo
- 3 Beds
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- 1,718 ft²
$2,400 /mo
- 3 Beds
- 2 Baths
- 1,718 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017