5321 Gibson Street
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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Compass RE Texas, LLCKaty | $549,900 | |
| Listed by Compass RE Texas, LLCKaty | |||
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Welcome Home to 5321 Gibson in the heart of Rice Military. This open floorplan boasts hardwood floors in the living/dining areas, tile in the kitchen and brand new carpet on the stairs and second floor. Kitchen has granite countertops with ample counter space. Primary bedroom is located on the second floor and is oversized. Principle bath features walk-in closet, jetted tub, and separate shower. The two secondary bedrooms are connected by a bathroom, and down the hall is the upstairs game room or media room. The separate laundry/utility room is located on the second floor. Two car garage with 2 extra spaces in the driveway! A luxury in Rice Military. Gated front yard area. Brand new paint throughout. Low tax rate. Conveniently located a short walk to Memorial Park, and close to the restaurants and night life of Washington Avenue. Wired for Sound. A/C replaced in 2018, Water Heater in 2019, and Dishwasher in 2021 (per seller). Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017