7940 Hirsch Road
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Century 21 Garlington & Assoc. | $75,000 | |
| Listed by Century 21 Garlington & Assoc. | |||
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Prime corner lot just minutes from Downtown Houston! This cleared property is perfect for making it ideal for building your custom home or creating the investment project of your dreams. With its open canvas and unbeatable location. This lot is perfect for investors or anyone ready to design their perfect home. Don't miss this opportunity in a highly desirable area.
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About Northeast Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98675833
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017