4818 Austin 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%.
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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.
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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
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Traditional Museum District patio home with elevator! In an enclave of homes behind secure driveway gate, enjoy the Houston lifestyle of living amongst museums, restaurants, & Hermann Park! Gated front porch greets guests- large enough for custom landscaping & storage of bikes, etc. 3 story home features all living spaces on the 2nd floor including large den with fireplace, gorgeous dining room & a kitchen with expansive island plus breakfast table area. Gracious 3rd floor primary bedroom with spa tub, separate shower & walk-in closet. Secondary bedrooms/baths on 1st and 3rd floors. And, meet the neighbors & admire the Houston sky on the rooftop terrace! Many recent repairs & upgrades: elevator motor, water heater, air conditioning unit, carpet, hardwoods & stucco work. Seller never lost power during 2021 freeze: on the medical grid! A unique opportunity to be in a booming Houston neighborhood in a timeless & secure gated community. Remember the elevator to all floors, too!
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017