5411 Askins Lane
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 2, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by United Real Estate | $169,000 | |
| Listed by United Real Estate | |||
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Build your dream home on this expansive 0.53-acre lot in the charming Armstrong Acres neighborhood! Nestled in a well-maintained community, this prime piece of land offers the perfect blend of tranquility and convenience. Located just minutes from Highway 59, with easy access to downtown Houston and IAH Airport, you'll enjoy the best of both worlds—peaceful suburban living with all the amenities of the city close by. Whether you're looking to build a family home or a serene retreat, this lot provides the perfect canvas. Don't miss this opportunity to create your ideal living space in a location that offers it all!
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About Northeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017