28
Map
5135 Cheena Drive
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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 24, 2026 | Listed by Beth Wolff Realtors | $599,000 | |
| Listed by Beth Wolff Realtors | |||
| May 6, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by Keller Williams Realty | $238,164 | |
| Listed by Keller Williams Realty | |||
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Within walking distance to Godwin park, this home is an excellent opportunity to rehab the existing structure or build your dream home on a premier tree lined lot in Meyerland. Extensive renovation and new construction beginning all around the neighborhood. This house is zoned to Kolter Elementary and Bellaire High School. Easy access to 610, Medical Center, Galleria, downtown and sports arenas. Foundation has been repaired by Olshan and has a transferable warranty. House flooded first time during Harvey and was remediated (per Seller). This house is being sold at lot value. * - All dimensions are estimates! It is buyer’s responsibility to verify all measurements and statements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017