4623 Saba Road
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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Truss Real Estate | $162,000 | |
| Listed by Truss Real Estate | |||
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Multiple Offers received. Seller has accepted an offer 10/12/2020. Welcome home to 4623 Saba Rd. in Majestic Estates! Conveniently located minutes away from Beltway 8, 610, US 90 and 288 providing an easy commute to the Medical Center and Museum District. This home provides an open concept with new updates that include tile flooring throughout, and fresh interior paint. If you love natural light, you will not be disappointed as this property offers an amplitude of light that comes in through the various large windows. Perfect starter home waiting for you to call it home!
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017