7
Map
7314 Philibert Lane
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 |
|---|---|---|---|
| Mar 26, 2026 | Listed by Texas United Realty | $600,000 | |
| Listed by Texas United Realty | |||
| Jan 24, 2025 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | Listed by HomeSmart | $550,000 | |
| Listed by HomeSmart | |||
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Nestled just a mere 15-minute drive away from the vibrant heart of downtown Houston and the bustling Houston International Airport lies in 1.95 acres, encircled protectively by sturdy metal fencing. Sitting on a non-restrictive area, this land offers the perfect opportunity to build a custom-designed home. The potential for commercial endeavors is limited only by your imagination. Consider the prospect of cultivating and selling fresh produce, vibrant flowers, or high-quality seeds, alternatively, creating a serene vacation rental. For those with an entrepreneurial spirit, transform this blank canvas into a bustling commercial hub. Picture the landscape adorned with a mechanic shop, serving as a haven for automotive aficionados seeking expert maintenance and repairs. Alternatively, envision a sprawling car lot, showcasing an impressive array of vehicles to captivate potential buyers.
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| Jul 15, 2022 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by Realty Associates | $279,000 | |
| Listed by Realty Associates | |||
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This amazing property won't last long! Almost 2 acres of prime real estate that's already cleared! This property is ready for your next project! Close to I-45 and I-610!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017