48
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5603 Grape 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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Coldwell Banker Realty - Bellaire-Metropolitan | $599,900 | |
| Listed by Coldwell Banker Realty - Bellaire-Metropolitan | |||
| Jul 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 2, 2026 | Listed by Jason Mitchell Real Estate LLC | $630,000 | |
| Listed by Jason Mitchell Real Estate LLC | |||
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A beautiful Mid-century modern home designed for comfort, accessibility, and effortless entertaining. Fully renovated and reimagined in 2017, this 3-bedroom, 3-bath home features an open-concept layout with raised and vaulted ceilings, creating a bright, airy feel. The kitchen is the heart of the home, showcasing custom cabinetry with seamless flow into the living and dining areas—perfect for hosting. Solar tubes, oversized double-pane windows, and sliding doors bring in abundant natural light. Freshly painted and thoughtfully designed with 3-foot-wide interior and exterior doors, this home offers enhanced accessibility without sacrificing style. Additional updates include PEX plumbing, tankless water heater, roof, HVAC, double-pane windows, and a new fence in 2025. Ideally located in Meyerland Section 10 near Meyerland Plaza, the Galleria, Medical Center, NRG, and downtown. Move-in ready and NEVER FLOODED.
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| Mar 31, 2026 | Price Decreased |
$645,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017