5631 Larkin 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 28, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jun 23, 2024 | Listed by Coldwell Banker Realty - Bellaire-Metropolitan | $899,000 | |
| Listed by Coldwell Banker Realty - Bellaire-Metropolitan | |||
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5631 Larkin St is located in the heart of Houston and in the Historic Cottage grove neighborhood. Zoned to Memorial Elementary and Hogg Middle both A rated schools. This property backs up to a cottage grove park with a playground, a baseball diamond and lots of green space for dogs. Memorial park, Heights hike and bike trails, restaurants, coffee shops all close by. Minutes to downtown, galleria, medical center and energy corridor. No HOA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017