5454 Indigo 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 |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Keller Williams Realty - Memor | $375,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Fabulous opportunity in the highly sought Maplewood Subdivision!! This spacious 3BD/2BA is a charming mid-century classic on a tree-lined street w/large backyard & tasteful curb appeal. Step into the formal entry & you'll immediately see the amazing potential throughout this 2,035SF home, perfect for renovating into your own Home Sweet Dream Home! The layout showcases an open concept living/dining room, family room w/floor-to-ceiling brick fireplace, breakfast room with built-in sideboard & kitchen (redone in 2002) with all stainless appliances. This property is ready for your creative energy & already boasts a new roof (2017), new HVAC & Furnace (2017) & new backyard fence (2017). The home is a fantastic investment on a lot that has never flooded, plus the coveted location is zoned to Bellaire HS, close to many great restaurants, mere minutes from Downtown, the theatre district, Texas Medical Center, Galleria, NRG, Minute Maid Park & BBVA stadium! Come See the Possibilities!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017