5822 Schevers 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by SWE Homes | $183,329 | |
| Listed by SWE Homes | |||
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The property at 5822 Schevers St in Houston, TX, offers a unique blend of city living with a cozy neighborhood feel, making it an appealing choice for those looking to become part of the Houston community. This home features 3 bedrooms, 1.5 baths and 1-car garage. Recent renovations include a new roof, new ceramic flooring, new kitchen cabinets, foundation repairs and fresh paint throughout the home! Situated in an area known for its residential appeal and growing amenities, this location combines the convenience of urban life with the comfort of a close-knit community atmosphere. For individuals and families aiming to balance the dynamic energy of Houston with the tranquility of suburban living, 5822 Schevers St presents an ideal opportunity to carve out a personal haven in the heart of one of Texas's most dynamic cities.
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Property Highlights
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Price/ft²
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017