5116 Ricky Street
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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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Apr 3, 2022 | Listed by Popper Group | $65,000 | |
| Listed by Popper Group | |||
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|
5,500 square foot lot in Bayou Estates. Lots of new construction in the area
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| Sep 10, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by Brombacher & Co. | $52,000 | |
| Listed by Brombacher & Co. | |||
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|
Nice lot in a growing area! 5500 sqft to build now or build later. Quiet street with plenty of new construction nearby. Easy access to downtown, medical center, and freeways. Existing survey can be provided.
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017