6414 N Wayside Drive
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 |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by Keller Williams Realty - Clear Lake/ NASA | $85,000 | |
| Listed by Keller Williams Realty - Clear Lake/ NASA | |||
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Prime Lot on N Wayside Drive - Your Perfect Opportunity in Houston, TX. Welcome to your future investment! This exceptional lot, located on N Wayside Drive in the heart of Houston, Texas, offers an incredible opportunity for those seeking to build their dream property or make a lucrative investment in a prime real estate location. With the added advantage of electricity already available on-site, this lot is ready to fulfill your vision. This lot on N Wayside Drive presents a rare opportunity to secure a piece of real estate in Houston's thriving landscape. With electricity already in place, you can fast-track your construction plans and transform this blank canvas into your dream property. Don't miss your chance to be a part of this vibrant community and capitalize on the incredible potential this property holds. Contact us today to make your aspirations a reality.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017