8
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514 Marcella 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 |
|---|---|---|---|
| Nov 7, 2025 | Listed by AEA Realty, LLC | $235,000 | |
| Listed by AEA Realty, LLC | |||
| Mar 3, 2025 | Listed | $250,000 | |
| Listed | |||
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Prime Residential Lot in Houston's Thriving Oak Forest Area.Discover the perfect opportunity to build your dream home or investment property on this 7,093 soft vacant lot in a rapidly developing neighborhood. Located in the heart of Houston, this spacious, cleared lot offers endless possibilities with ample space for a custom home, or duplex. Convenient access to major highways, including I-45,610, and highway 290 making commuting a breeze. Enjoy close proximity to Oak Forest, Garden Oaks, and The Heights where you'll find trendy dining, shopping and entertainment options. Whether you're a developer, investor, or future homeowner, this is a rare find in a growing market. Don't miss out on this exceptional opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017