8403 Concho Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 10, 2025 | Price Decreased |
$334,999
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 30, 2025 | Listed by NextHome Platinum Realty | $340,000 | |
| Listed by NextHome Platinum Realty | |||
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Rare Find in Sharptown Country Club Terrace! Charming corner-lot home under mature oak trees with timeless appeal and modern updates. Features tile flooring in main areas, plush carpet in bedrooms, updated bathroom with quartz counters and custom shower. Double-paned windows, new 2024 AC/HVAC system, smart thermostat, smart entry, biometric Eufy locks, motion sensor floodlight cameras, and generator-ready exterior junction. Pool replastered in 2023. Freshly painted and move-in ready. Enjoy convenient access to major road ways including US 59/69, Beltway 8, Westpark Tollway, and I-10. You're just minutes from Downtown, The Galleria, Texas Medical Center, The Heights, Memorial area, and Sugar Land. This is a rare find in a prime location—don’t miss the chance to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017