6701 Underhill Street
About This Property
Large fenced back yard. This home is being sold as-is - no repairs. Newer AC, Indoor Utility Room with Washer and Dryer. This property has some external damage including missing shingles, missing roof flashing, and damage to the carport. No storm damage from freeze.
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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 9, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by Compass RE Texas, LLC Memorial | $175,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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This is a great opportunity to buy a cute Langwood home - Excellent location close to 290, 610, I-10, and Hempstead Highway. 3rd Bedroom has separate entrance. Washer, Dryer, and Refrigerator included. This neighborhood is hot due to its location close to everything and easy access to freeways. There are numerous flips in the area. This home has not flooded!
Large fenced back yard. This home is being sold as-is - no repairs. Newer AC, Indoor Utility Room with Washer and Dryer. This property has some external damage including missing shingles, missing roof flashing, and damage to the carport. No storm damage from freeze.
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Property Highlights
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Price/ft²
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017