4711 Merwin 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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Dec 20, 2023 | Listed by NB Elite Realty | $499,000 | |
| Listed by NB Elite Realty | |||
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This beautiful lot located in Afton Oaks is definitely worth checking out. With new construction, 2.5 million dollars and up, this could be the perfect opportunity to build your dream home in one of Houston's most prestigious neighborhoods. You won't regret giving this property a closer look, and you'll also appreciate easy access to both 59 and 610 highways, making it easy for you to get around town. Minutes from the Galleria, Highland Village, Uptown Park. No HOA! Low Tax! Drive by today!
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Property Highlights
Building Info
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Price/ft²
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Sold On
About Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 3 Baths
- 1,882 ft²
$10,000 /mo
- 4 Beds
- 2 Baths
- 2,629 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017