7326 Tours 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 12, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Keller Williams HoustonCentral | $220,000 | |
| Listed by Keller Williams HoustonCentral | |||
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7326 Tours St – Quaint one story 3 bedroom ranch style home with 2 full baths and large back yard with covered patio. A/C replaced in 2018. Foundation repaired in 2010 with a life-time warranty. Tile or laminate flooring throughout the entire home, no carpet. All the bedrooms have ceiling fans and walk-in closets. No back yard neighbors for more privacy. Located centrally in the heart of Sharpstown on a tree lined street, close to freeways (59/69, Beltway 8, and Westpark Tollway), minutes to downtown and the medical center, walking distance to the nearby elementary school, and convenient to Houston Baptist University. Must see to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017