5031 Grape Street
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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.
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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Douglas Elliman Real Estate | $1,148,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Stately Meyerland home that offers it all! This stunning home affords a luxury lifestyle living & is zoned to acclaimed Bellaire High school. Three bedrooms down (including primary suite), plus significant living, dining, and family spaces. Upstairs is a magnificent home office, Gameroom has entertainment wet bar, Media/theatre room, extra room, exercise room plus 4th bedroom/guest suite with kitchenette. Outdoor oasis has covered summer kitchen patio, full bathroom & resort style pool+spa. This house has been meticulously upgraded over the past 3 years: Exterior/Interior paint, refinished hardwood flrs, mosquito system, kitchen-backsplashes & counter tops replaced + sink & faucets, Sony movie projector, smart thermostats & entry locks, custom iron gates, hardware throughout the house, LED lights, gutter guards, sprinkler system control panel, smart whisper–quiet garage door opener, water softener & much more. Minutes from the Med center, Galleria and Downtown Houston. Never flooded!
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| Oct 9, 2019 | Sold | ||
| Sold | |||
| Aug 19, 2019 | Listed by BHGRE Gary Greene | $1,099,900 | |
| Listed by BHGRE Gary Greene | |||
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This is a spacious home in Meyerland with a gorgeous pool and spa. Home has never flooded. The kitchen has an abundance of counter and cabinet space, granite counters, Thermador 6 burner gas range with griddle and double ovens, Sub-zero fridge and freezer. Beautiful wood floors throughout most of the first floor with nice high ceilings and open floor plan. The master suite is spacious and private. The master bathroom has his/her sinks, large jetted tub, standing shower and walk in closet. Two additional bedrooms on the first floor with en-suite bathrooms. Each bathroom has a jetted tub and tile surround. Upstairs there is a study, game room, media room, hobby room, excercise room and guest quarters w/full kitchenette and en-suite bathroom. The private backyard has a nice covered patio with built in summer kitchen, pool bathroom has a standing shower. Conveniently located to Meyerland Plaza and many places to eat and dine in this area. Easy access to the freeways and Medical Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017