5521 Marcus 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 |
|---|---|---|---|
| Aug 9, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$90,000
↓ $25K
(21.7%) | |
| Price Decreased | |||
| Jan 26, 2025 | Listed by ROG Realty LLC | $115,000 | |
| Listed by ROG Realty LLC | |||
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Don't let this rare opportunity pass you by to acquire an exceptional unimproved lot with limitless potential. Spanning an impressive 28,000 square feet, this lot presents a blank canvas for buyers who want to develop homes or build your dream home. Situated in a highly coveted neighborhood, this property enjoys a convenient proximity to Downtown and seamless access to major highways. With its advantageous location and escalating property values, this lot stands as a secure investment for both developers and homeowners. Seize the chance to own a prime parcel of Houston real estate in this highly sought-after neighborhood Kashmere Gardens.
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| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017