8835 Madera Road
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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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2023 | Listed by Redfin Corporation | $200,000 | |
| Listed by Redfin Corporation | |||
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Charming house in an established neighborhood waiting for you to make it yours. Super cute single story 2 bedroom 1 bath property with an additional flex space, currently being used as a large 3rd bedroom is ready for your creative style. This property has all the attributes needed for a comfortable homestead or an addition to your investment portfolio. Conveniently located in NE Houston just minutes from HWY 59 within 10 minutes to Downtown Houston and equal distance to Bush Airport. This is a prime location with all the city's amenities close by. The lot is oversized and unrestricted with no HOA. Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017