6502 Avenue K
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 7, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Listed by Martin & Black Real Estate LLC | $320,000 | |
| Listed by Martin & Black Real Estate LLC | |||
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In the heart of Houston's East End Revitalized neighborhood this restored bungalow, originally built in 1930, has undergone a transformation that merges historic charm with modern amenities. A new roof, updated plumbing, electrical, and HVAC systems ensure that this house is not only stylish but also functional. Features custom cabinets, quartz countertops, and other finishes that truly make this home unique. The top-notch security system, heat barrier insulation, and new windows promise lower electrical bills, making this house an eco-conscious choice. You'll be just a short 10-minute drive from downtown Houston, putting you within reach of Minute Maid Park, Toyota Center, and the Theater District. For commuters, easy access to I-45 and I-10 is right at your doorstep, and the Metro Light Rail Station is just 5 minutes away. This house is must-see. Don't miss the opportunity to make this your new home, contact us today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017