5511 Arncliffe Drive
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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 17, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed by Dennie Hodge Real Estate | $39,000 | |
| Listed by Dennie Hodge Real Estate | |||
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Fantastic opportunity to build your dream home on this large lot. Located on a quiet cul-de-sac street, this lot backs up to the green space that is a former golf course and now dedicated green space. Inwood Forest has over 200 acres of green space and miles of hike and bike trails that connect to the White Oak Bayou Trail. This established subdivision offers a neighborhood park, pool, tennis courts and the White Oak Conference Center and Lone Star College. Recent construction right across the street. Per County records, lot measures 78' wide by 130' deep. Just 14 miles from downtown Houston and easy access to 45, 290, 249 and 610.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017