523 Bunker Hill Road
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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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,550,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Fabulous and rare 29751 square foot lot in prestigious Bunker Hill Village. Excellent building site zoned to premier SBISD schools. Geographically the heart of Houston with easy access to I-10 and Beltway 8. Close to Memorial Herman Medical Center and all the restaurants and shopping that Memorial offers. Builders welcome! Please make appt to walk the lot. A survey has been ordered and will be available upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017