7808 Dixie Drive
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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.
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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 22, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by CapTex Realty | $539,900 | |
| Listed by CapTex Realty | |||
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**Hidden Oaks: A Unique Historical Gem Just 15 Minutes from Downtown Houston on a sprawling 1.3 acres**Close to Hobby Airport, Texas Medical Center, downtown and U of H2 story carriage house with two guest roomsFull walk-in atticFive shedsBuilt in 1926 for Samuel AllenPart of Stephen F. Austin’s Old 300 land grantsVenue for music video, TV episode, promotional advertising, numerous weddings and events, Bed and Breakfast with global client baseNo HOACommercial electric meterNever flooded, equipped with a basement sump pumpWalk-in attic spanning length of house40-foot octagonal gazeboCentury-old oak treesOriginal fireplace imported from ItalyOriginal blueprints availableKitchen remodeled in 2016Wind-rated roof installed in 2018Plumbing repiped with PEX in 2018Complete HVAC upgrade in 2018, featuring two 5-ton Trane 16 SEER units, new coils and furnaces, ductwork, and thermostatsUpdated electrical in 2021Dual mini-splits installed in guest apartments in 2022
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017