5001 Verdome Lane
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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 13, 2023 | Listed by Coldwell Banker Realty - Heights | $240,000 | |
| Listed by Coldwell Banker Realty - Heights | |||
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Wonderful investment opportunity in the sought after neighborhood of Oak Forest. Situated on a rare oversized corner lot, you have room to build your dream home or renovate the charming home that is already on the property. With original red oak hardwoods throughout and a huge primary bedroom with enough space to create a primary bath and walk in closet, there are also a few exciting updates to share: low-E double paned windows, updated plumbing, beautiful double doors leading out to the spacious back yard, and the garage was built out to be a third bedroom or media room. The house is located in a Quiet Zone and the train is not allowed to sound its horn. This property is centrally located between 610 and 290 and is just a short distance to downtown. High & dry - never flooded!
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Property Highlights
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About North Houston
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Currently no similar homes aroundNearby Rentals
$6,500 /mo
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017