5614 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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$177,000
↓ $8K
(4.3%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$185,000
↓ $10K
(5.1%) | |
| Price Decreased | |||
| Jun 7, 2025 | Listed by eXp Realty, LLC | $195,000 | |
| Listed by eXp Realty, LLC | |||
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***Selling as-is. Motivated seller. Bring all your buyers!!*** Welcome Home to 5614 Malmedy Road – a stunning, fully rebuilt residence offering the feel of brand-new construction. This beautifully reimagined home features all-new upgrades, including a new roof, new windows, and new modern flooring throughout, delivering both comfort and peace of mind. Enjoy a smart layout designed for modern living, with bright, open spaces and stylish finishes. Whether you're a first-time buyer or investor, this move-in ready property checks all the boxes. Located just minutes from Loop 610, this home offers prime access to major highways, making commuting to downtown, the Medical Center, or the Galleria a breeze. Best of all, no deed restrictions provide flexibility for homeowners or potential investors. Don’t miss your chance to own this like-new home in a rapidly developing area of Houston. Schedule your private showing today!
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Property Highlights
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About Southeast Houston
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$2,700 /mo
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$1,950 /mo
- 3 Beds
- 2 Baths
- 2,184 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017