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7833 Almeda Genoa Road
About This Property
This is not your typical property. Ideal for contractors, small business owners, or anyone needing space for equipment, vehicles, or operations. The two homes (7833 Almeda Genoa Rd offers 3 Beds and 1.5 bath and 7849 Almeda Genoa Rd offers 3 Beds and 2 Bath) offer options for multi-generational living, rental income, or employee housing. The warehouse provides ample space for storage or workspace, while the cleared acreage allows for additional parking, equipment storage, or future expansion.
Less than 4 miles from Hobby Airport with excellent frontage on Almeda Genoa.
If you've been looking for a place to run your business from home while having room to operate, store, and grow-this setup is hard to find in the Greater Houston Area.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Listed by Simien Properties | $1,100,000 | |
| Listed by Simien Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017