8103 De Leon Street
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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.
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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by RE/MAX American Dream | $415,000 | |
| Listed by RE/MAX American Dream | |||
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Welcome to 8103 De Leon, a Rancho Deluxe home located in Historic Glenbrook Valley! Located on over a quarter acre (.278) on a quiet corner. The lot is abundant with mature trees, offering a piece of tranquility with an easy commute into the city. The seller has upgraded the following systems: 2022 Foundation repaired with transferable Warranty, 2019 A/C & Heating and Duct Work Replaced, New wood look tile in the Formal Dining & Living Space, New wood look tile in the hallway. Maintaining the Mid Century appeal, the Original Blue and Pink Bathrooms have been preserved and slightly updated. Located only minutes from I-45, close to Hobby Airport, and about 15 minutes to Downtown Houston and the Texas Medical Center. Or head South on I-45 and in just under an hour, you’re on Kemah Boardwalk or Galveston Island.
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017