705 Houston 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 |
|---|---|---|---|
| Aug 3, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Keller Williams Elite | $189,900 | |
| Listed by Keller Williams Elite | |||
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Welcome Home! You must see this charming 3 bedroom, 2 bathroom 1 story home nestled on a spacious lot close to Lake Anahuac! This beautifully updated residence boasts a fresh coat of paint throughout. The living room, kitchen, and hallway have been adorned with brand new flooring, adding a touch of modern elegance to these central gathering spaces. This home offers the perfect balance of comfort and functionality. Step outside and immerse yourself in the large backyard, providing endless possibilities for outdoor activities and relaxation. New AC Installed in 2019 along with a new back fence and storage building. Don't miss the opportunity to make this delightful property your home sweet home! Call today to schedule your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017