5118 Farb Drive
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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 |
|---|---|---|---|
| Dec 31, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by Coldwell Banker Realty | $220,000 | |
| Listed by Coldwell Banker Realty | |||
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Ideal Ranch Style home in established neighborhood on the outskirts of Houston. Well maintained with a spacious and gorgeous lot. This home offers newer flooring, updated bathrooms with tastefully tiled showers that are both handicap accessible. The master bedroom is large with an oversized closet and double sink countertop! The open floor plan offers a gas fireplace with plenty of natural light. The backyard offers covered parking with an unfinished ensuite adjacent to the house.
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About Northeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017