8602 Viera Lane
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by Nan & Company Properties | $315,000 | |
| Listed by Nan & Company Properties | |||
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Beautiful New Construction in the greater Hobby Area with quick access to the Sam Houston Tollway, Interstate 35, and the Gulf Freeway for a short trip to Kemah/Seabrook, or straight into downtown Houston. High ceilings, large rooms, in-house utility room, and fenced back yard. No HOA or MUD.
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| Jun 14, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by CB & A, Realtors | $25,000 | |
| Listed by CB & A, Realtors | |||
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Fantastic location with easy access to I-45, Beltway 8, and Hobby Airport. Minutes to shopping and restaurants at Alameda Mall. Quick drive to Kemah/Seabrook area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017