8531 Neff Street
About This Property
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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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by Keller Williams Houston | $235,000 | |
| Listed by Keller Williams Houston | |||
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8531 Neff St - Well-maintained three bedroom, two bath home ready for your personal touches. This home has granite countertops in the kitchen and newly replaced flooring in the bedrooms. Other updates include roof in 2016, sewer line in 2014, and A/C Condenser in 2013. The spacious backyard is ready for you to relax after work, on the weekends, or whenever you choose and also has a storage shed that stays with the home. Located centrally in the heart of Sharpstown on a quiet tree lined street, close to freeways (59/69, Beltway 8, and Westpark Tollway), minutes to downtown and the medical center, walking distance to the nearby elementary school, and convenient to Houston Baptist University. Must see to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017