5322 Kiam 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by Tentori Properties, LLC | $639,900 | |
| Listed by Tentori Properties, LLC | |||
| Jul 11, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Greenwood King Properties | $375,000 | |
| Listed by Greenwood King Properties | |||
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Welcome to 5322 Kiam St. This fantastic and generous-sized lot (with an old structure on it) is a fantastic
investment and new build opportunity in the conveniently located Cottage Grove neighborhood. Easy access
to Interstate 10, downtown, Memorial Park, Galleria, and Heights area. Day or night, this lot is waiting for
your personalization! Don't miss the opportunity to create your dream living space in central Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017