12
Map
8701 Harrell St
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 10, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by eXp Realty LLC | $145,000 | |
| Listed by eXp Realty LLC | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed | $150,000 | |
| Listed | |||
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Seize this incredible opportunity to own 17,000 sq. ft. of land (per HCAD) in a rapidly developing area of Houston. The property features a tear-down home sold as-is, making it an ideal blank slate for redevelopment. With no known restrictions, this lot offers endless possibilities—build a custom home, multi-family units, or a commercial project (buyer to verify zoning and usage). Conveniently located near major highways, shopping, and dining, this is a fantastic chance to invest in Houston’s future. Don’t miss out.No appointment required-email agent at [email protected] for any questions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017