5348 Institute Lane
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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 |
|---|---|---|---|
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Greenwood King Properties | $2,175,000 | |
| Listed by Greenwood King Properties | |||
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Epitome of Sophistication! This Stunning Home is in the Southampton Area on Desirable Institute Ln. near Museums and Texas Medical Center. Gorgeous Custom Home Features High End Finishes, Exquisite One of a Kind Lighting and Fixtures, Antique Doors and Casings. Elevator to all 4 Floors, Lovely Gardens, Summer Kitchens and Incredible 4th floor Terrace with Unbelievable Views of the City. Beautiful Formals, Light Filled Gourmet Kitchen, Two Primary Suites with Lavish Baths on 3rd floor, Secondary Bedroom on 1st floor, Sun Room and office on 4th floor with a Guest Suite. This is a Spectacular Home! All per Seller
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About South Central Houston
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$2,400 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017