5115 Grape 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 |
|---|---|---|---|
| Oct 12, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by Martha Turner Sotheby's | $849,000 | |
| Listed by Martha Turner Sotheby's | |||
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Welcome home to 5115 Grape, a lovely home that has never flooded, located on a classic Meyerland street noted for interesting architecture, friendly neighbors & zoned to Bellaire High School, this home has it all! Greeted in the lovely foyer you will note a spacious formal dining room, gracious chefs kitchen & breakfast room with bar & a warm family room with wall-to-wall windows overlooking the verdant garden & resort-style pool. The home also boasts 4 bedrooms with a bedroom down complete with ensuite bath. The Owners Suite has been recently updated with recessed lighting & luxurious paint made complete with a sumptuous bathroom with separate soaking tub. Working from home is made simple with a full study with built-ins and an excellent game room for breaks. The home features a lovely flow to entertain your family and friends, whether enjoying a plunge in the refreshing illuminated pool or having a bottle of wine under the vine-wrapped pergola. Sophisticated & lovely, come see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017