7397 Irvington Boulevard
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 6, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Nan & Company Properties | $250,000 | |
| Listed by Nan & Company Properties | |||
| | |||
|
This perfect location lies within the Colonial Garderns' growing and well-established community. This beautiful property has a little more than a quarter of an acre of land, zoned for commercial use, and could be rezoned for residential use. The strategic location of this property offers the purchaser multiple options, whether to build a multi-unit apartment building, an office/retail or flex building, or simply a single-family home. With convenient access to major highways and minutes from Downtown Houston. The rezoning would be the responsibility of the purchaser. Purchaser to independently verify information provided in this listing.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017