5114 Indigo 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%.
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Jan 4, 2025 | Listed by Martha Turner Sotheby's International Realty | $410,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Lovely home featuring many updates in recent years. The property is ideally located in the northern section of Meyerland where many new homes are being built. Looking for a building site or a home to renovate, this property is ideal for either option. The living areas have been opened up and the ceilings have been raised. You'll find neutral tile flooring in the public areas and hardwood floors highlight the bedrooms. Granite counters and updated stainless steel appliances are found in the kitchen. Lovett Elementary and the neighborhood park is around the corner and Bellaire High School is within walking distance. Great neighborhood shopping is very close along with many established restaurants and numerous new ones popping up frequently. Want to build a new home or renovate an oridginal home - the opportunity is here for you!
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Property Highlights
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About Southwest Houston
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Currently no similar homes aroundNearby Rentals
$8,700 /mo
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$7,999 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017