5530 Malmedy Road
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 26, 2025 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Nov 2, 2024 | Price Decreased |
$200,000
↓ $12K
(5.7%) | |
| Price Decreased | |||
| Oct 11, 2024 | Price Decreased |
$212,000
↓ $7K
(3.2%) | |
| Price Decreased | |||
| Sep 20, 2024 | Listed | $219,000 | |
| Listed | |||
| | |||
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Welcome to 5530 Malmedy, where you are just minutes from Downtown Houston! The property has 4 bedrooms and 2 full bathrooms, with an open kitchen to the family room layout, ideal for comfortable living. The spacious bedrooms and interior make it perfect for a family home or investment opportunity. NO HOA!!!Selling AS IS, this home features 1612 square feet of living space, a large backyard for entertaining. Don't miss out on this investment opportunity! Schedule your private showing today!
***Home is also for lease.
| |||
| May 18, 2022 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017