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5214 Heatherbloom Drive
About This Property
Additional improvements include interior and exterior paint, updated flooring, fencing, and an extended covered patio perfect for family gatherings, entertaining, or relaxing outdoors. The oversized backyard provides plenty of room to enjoy, while a storage shed offers additional space for home projects and hobbies. An exterior utility closet provides convenient extra storage. Thoughtful updates, generous outdoor space, and abundant storage make this home a must-see.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Bronchelle Johnson | $299,900 | |
| Listed by Bronchelle Johnson | |||
| Dec 23, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by Correa Properties | $119,990 | |
| Listed by Correa Properties | |||
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DO NOT SEND LOW BALL OFFERS FROM INVESTORS, THEY WILL BE IGNORE!!=== Not many opportunities like this cozy home in the area! home needs minor updates but it's a great opportunity! seller did a great job maintaining this home as is right now, garage was converted into a family room and it's part of the central AC...call to schedule a showing before it's gone!
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017