6822 Stroud 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 |
|---|---|---|---|
| Jan 5, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2023 | Listed by Marshall Reddick Real Estate | $204,000 | |
| Listed by Marshall Reddick Real Estate | |||
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Well positioned value-add opportunity in the heart of Sharpstown! Location, location, LOCATION! Property is conveniently situated near Highway 69 and close to shopping, restaurants, Texas Medical Center, Houston Baptist University, Chinatown, downtown, and more. Single-story ranch home with a primarily brick exterior and newer vinyl windows throughout. Lots of natural light! Spacious lot with mature trees to provide shade on summer days. Well maintained, established neighborhood. Close proximity to schools within the community. Home's interior in need of TLC - property is being sold as is and is priced accordingly. Home has two bathrooms- one full bath and one 3/4 bath. Two car attached garage with additional storage area. Roof appears to be in excellent condition. Extremely welcoming neighbors report the community did not experience flooding during Harvey. Home has fantastic bones - ideal candidate for a value-add opportunity, investor or flipper. Pack your paintbrush!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017