7511 Universal Drive
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%.
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 3, 2025 | Listed by eXp Realty LLC | $267,000 | |
| Listed by eXp Realty LLC | |||
| Aug 21, 2025 | Listed by eXp Realty LLC | $275,000 | |
| Listed by eXp Realty LLC | |||
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Spacious 2-story home with 4 bedrooms and 2 bathrooms, plus a versatile den or office and a formal dining room that flows into the kitchen with granite countertops, stainless steel appliances, and ample cabinetry. The kitchen opens to a bright breakfast nook with backyard views, leading to the living room filled with natural light. The primary bedroom is conveniently downstairs, with three spacious bedrooms upstairs. Recent updates include a brand-new driveway and sidewalk, fresh interior paint, new fence (2024), A/C & heater (2022), garage opener (2020), and new dishwasher, oven, range, and refrigerator. Step outside to a covered patio and private backyard, ideal for outdoor activities. Located in the heart of Houston’s vibrant Asian Town, close to restaurants, Asian grocery stores, Alief parks and playgrounds, with easy access to Beltway 8 and Westpark Tollway—this home offers the perfect blend of comfort, convenience, and location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017