5542 Rue Street
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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 4, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by StarCrest Realty, LLC | $131,000 | |
| Listed by StarCrest Realty, LLC | |||
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Located close to the newly widened Highway 288, this home offers great access to the TEXAS MEDICAL CENTER, The University of Houston, downtown Houston and numerous other employment centers. The exterior of the home offers a great COVERED FRONT PORCH and COVERED BACK PATIO that are perfect for relaxing. The floor plan features 3 bedrooms, kitchen, dining area, living room, den and inside utility room!
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017