5419 Heatherbrook Drive
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Price Decreased |
$208,500
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Aug 30, 2024 | Price Decreased |
$210,000
↓ $7K
(3.2%) | |
| Price Decreased | |||
| Aug 7, 2024 | Listed by SKW Realty | $217,000 | |
| Listed by SKW Realty | |||
| | |||
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This newly renovated home features four bedrooms, two bathrooms, AS-IS and a complete overhaul both inside and out. It boasts new appliances, flooring, and fresh paint throughout. Additionally, there's a shed in the backyard for extra storage and ample space for family gatherings. Conveniently situated near the Galleria and Meyerland Plaza areas, with easy access to major freeways including Beltway, US-59, 610, and I-10. With great schools and more, this property won't stay on the market for long. Schedule your showing appointment today!
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017