6624 Avenue N
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 12, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Nov 24, 2023 | Listed by Compass RE Texas, LLC - The Heights | $314,500 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Welcome to this stunning home located in the vibrant East Downtown neighborhood. This beautifully remodeled property offers 3 beds, 2 baths, and spans across 1200 square feet. Step inside and be greeted by the open floor plan, creating a seamless flow between the living, dining, and kitchen areas. The interior features boast modern upgrades, including stainless appliances, double pane windows, and quartz countertops. Every detail of this home has been meticulously designed, with a complete remodel done in 2017. Enjoy the outdoors with the front and back porches, perfect for relaxing or entertaining guests. The detached garage provides convenient parking, while the fenced backyard offers privacy for outdoor activities. Just a short 7-minute drive from Downtown, you'll have easy access to the city's bustling energy and endless entertainment options. For those seeking a taste of Houston's culinary scene, Original Ninfa's, Street to Kitchen & El Tiempo are all just a quick drive away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017