4506 Banning Street
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by Keller Williams Metropolitan | $2,500,000 | |
| Listed by Keller Williams Metropolitan | |||
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Traditional contemporary minimalism at its finest in this transitional brick masterpiece. Located in the coveted 4500 block, this superb residence is framed by ancient oaks on a rarely available cul-de-sac lot in 1 of Houston’s most desirable deed restricted enclaves. Enjoy the luxury of walking to world class dining/shopping of Houston’s exclusive River Oaks District, from the grandly proportioned, casual elegance of this thoughtfully versatile residence w/ sumptuous master suite & exquisite designer appointments throughout. Grand entry with 22 ft ceiling opens to equally grand open space great room, kitchen & breakfast room. Cook’s island kitchen features: functional pantry w/ 2nd dishwasher; 2nd convection oven, 2nd sink; abundant workspace & open shelf storage. Light filled study and large dining room complete the nearly 3500sqft 1st floor.
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| Apr 27, 2020 | Sold | ||
| Sold | |||
| Dec 17, 2019 | Listed by Compass RE Texas, LLC | $925,000 | |
| Listed by Compass RE Texas, LLC | |||
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The BEST lot available in Afton Oaks! This beautiful oversized lot is situated on a private cut-de-sac street on the north side of Afton Oaks. Lot is walking district of the River Oaks District, Galleria, & Highland Village. Surrounded by $3MM+ new construction & mature live oaks this Banning lot is in one of the most coveted properties. Afton Oaks is one of the most desirable deed restricted inner-loop neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017