6103 Waltrip 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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by ERA Legacy Living | $100,000 | |
| Listed by ERA Legacy Living | |||
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Just 15 minutes from Downtown Houston this Investor Dream is Ready to be loved on and turned into your dream home. The large corner lot and hardwood floors are begging for someone to give them life again. Home will be sold as-is and no repairs will be done. INVESTORS, act fast! This 1960’s quaint home is an “AS IS” property, needs a total makeover. Conveniently located near the 610 Loop South East, Hobby Airport, Gulfgate, UH Main Campus, Downtown and the Tx Med Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017