5530 Redstart 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Listed by Compass RE Texas, LLC - Memorial | $557,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Welcome to 5530 Redstart Street, a beautifully renovated home that perfectly blends modern comfort and timeless charm. Situated on an expansive 13,720-square-foot lot, this property offers exceptional outdoor space with endless possibilities for entertaining, gardening, or future expansion. Inside, the open-concept layout is filled with natural light, creating a bright and inviting atmosphere ideal for everyday living. Enjoy a prime central Houston location, just minutes from the Galleria, Texas Medical Center, Downtown, and NRG Stadium, combining convenience with refined living. Whether relaxing in the spacious living area or hosting friends and family, this home delivers the perfect balance of elegance and functionality. Experience the best of city living — schedule your private showing today!
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| Jun 17, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | Listed by Compass RE Texas, LLC - Houston | $395,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017