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4938 Bataan Road #AB
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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by JMP Realty Partners LLC | $599,999 | |
| Listed by JMP Realty Partners LLC | |||
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Welcome to 4938 Bataan Road, an incredible investment opportunity in the heart of Houston's historic South Park area! This newly constructed custom duplex offers a total of 3,640 SF with two spacious units, each featuring 3 bedrooms, 2.5 bathrooms, and a bonus 7’x8’ climate-controlled flex space. Both units boast modern finishes, including quartz countertops, custom quiet-close cabinetry, Energy Star stainless steel appliances, and tile flooring throughout. Enjoy peace of mind with RING doorbells, a DVR perimeter surveillance system, and private backyards secured by a wrought-iron sliding gate. Each unit is currently leased for $2,500/month, delivering immediate cash flow. Perfect for both long-term and short-term rental strategies, this property is equipped with energy-efficient upgrades and offers easy access to major highways, shopping, and dining. Don’t miss the chance to add this high-performing asset to your portfolio!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2025
|
6 Bed
|
4 Bath
|
3504 ft²
|
$599,999
6 Bed
4 Bath
3504 ft²
|
$588,000
-2.00%
03/14/2025
|
Crystal Menefe
Keller Williams - Houston Memorial
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017