5018 Rapido Road
About This Property
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Re-Excel Realty | $565,000 | |
| Listed by Re-Excel Realty | |||
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EACH UNIT IS 1475 SQ FT
This brand new two-story duplex features modern design elements and ample living space. The kitchen is equipped with stainless steel appliances including a refrigerator, and the sleek quartz countertop island with a deep sink add a touch of luxury. Laminate flooring throughout .*Upstairs, you'll find all three bedrooms plus the extra room that can be used as an office or library, providing a peaceful retreat away from the main living areas, the utility room is also upstairs for your convenience. High ceilings, The duplex is situated on a huge lot, offering plenty of outdoor space for all activities, enjoy the privacy and security of a full fenced. This home combines comfort, style and functionality. Just a few minutes from downtown, medical center, hobby airport, close to the galleria and close to casual and formal dining
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| Nov 8, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Walzel Properties | $130,000 | |
| Listed by Walzel Properties | |||
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This property is a great place to start your 1st home growth as well as a great place for Airbnb. That close to downtown, NRG Center, bus line, and Gulf Gate shopping Mall. 3 mins from 610 fwy also close to 288 downtown and Pearland. It will not last long. So come get it before it to late.
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About Southeast Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77111590
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