7723 Erath 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Martini & Co. Real Estate Advisors | $210,000 | |
| Listed by Martini & Co. Real Estate Advisors | |||
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Charming 2BD/ 1BA cottage In Mason Park Terrace near Houston’s East End. This home features the original hardwood floors and open concept living spaces. The bright kitchen is updated with cabinets, counters and stainless steel appliances. Attached garage and carport for ample amount of off street parking. Large backyard perfect for entertaining. Located within minutes of Mason Park which includes great amenities like playgrounds, swimming pool, hike/bike trails, sports facilities and recreation center.
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| Aug 24, 2024 | No longer available | - | |
| No longer available | |||
| Jul 31, 2024 | Price Decreased |
$210,000
↓ $14K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017