6806 Tuskegee 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Hackbarth Realty, LLC | $55,000 | |
| Listed by Hackbarth Realty, LLC | |||
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Enticing real estate opportunity near downtown Houston! The proximity to Independence Heights and Houston Heights adds to the appeal, especially for investors and families seeking to build their dream home. The mention of newer construction in the area indicates ongoing development, which can be a positive sign for potential buyers or developers. The easy access to major highways like I45 and 610, as well as the short distance to Downtown and the Heights, further enhance the location's attractiveness. Promising investment opportunity. For anyone interested in real estate investment or building in Houston, this seems like a location worth considering due to its convenient location and the surrounding growth.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017