3
Map
6309 Buford 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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by The Sears Group | $70,000 | |
| Listed by The Sears Group | |||
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Opportunity in a revitalizing Houston area! This property offers strong potential for owner-occupants looking to renovate and build equity, as well as investors seeking their next project. Situated on a spacious lot with mature trees, the home features a functional layout ready for a full rehab. Extensive repairs are needed, providing a blank canvas to customize and add value. Conveniently located with easy access to major freeways, Downtown Houston, employment centers, shopping, and dining. Surrounded by ongoing redevelopment and new construction, supporting future upside. Property is sold as-is, where-is. Ideal for buyers with vision looking to transform this property into a primary residence or income-producing asset. This property has been placed in an upcoming auction event. Please contact your realtor/listing agent for guidance in submitting your bid.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017