4809 Pine Street
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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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Compass RE Texas, LLC - Houston | $649,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Rare opportunity in the heart of Bellaire. This estate sale offers a well-maintained 3 bed, 2 bath plus game room home on a sizable 8450 sq.ft. lot in the sought-after 4800 and 4900 block. Renovated in 2018 with upgrades, including a new kitchen, flooring, electrical, and AC. While the sewer line needs replacement, this property is ideal for immediate occupancy or future development. Zoned to Condit Elementary and conveniently located near the Medical Center, Galleria, and Downtown. Don't miss out on this chance to live in one of Houston's most prestigious neighborhoods.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017