7228 Avenue B
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 |
|---|---|---|---|
| Oct 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 12, 2025 | Price Decreased |
$359,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$369,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| May 11, 2025 | Listed by Framework Properties | $379,900 | |
| Listed by Framework Properties | |||
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Be among the first to own this beautifully crafted new construction home in the heart of East End’s Magnolia Park — just steps from the Metro Rail and minutes from UH, the Medical Center, and Downtown Houston.
Enjoy the perfect blend of style and functionality with first-floor living, an open-concept layout, and a private backyard ideal for entertaining or relaxing. The chef-inspired kitchen features custom wood cabinetry, sleek quartz countertops, and stainless steel appliances.Upstairs, retreat to your spacious primary suite with a spa-like walk-in shower, plus a flexible loft/game room that’s perfect for a home office or second living space. With 3 bedrooms, 2 bathrooms, and a 2-car garage, there’s plenty of room to live and grow. Pet-friendly yard included. Schedule your showing today!
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| Jul 26, 2024 | Listed | $369,900 | |
| Listed | |||
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New Construction Coming SOON! Drive by only. Fantastic New Home in the heart of Magnolia, located walking distance to Metro Rail, easy access to 45, UH, Med Center and downtown. Great open concept floor plan with first floor living, all bedrooms upstairs, and you even get yard space to let your furry friends out to get some exercise in. Great 3 bed 2 bath 2 car garage with an extra game room/ loft space for gathering together upstairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017