8924 Ferdinand 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Price Decreased |
$179,999
↓ $3K
(1.6%) | |
| Price Decreased | |||
| Apr 25, 2024 | Price Increased |
$183,000
↑ $3K
(1.7%) | |
| Price Increased | |||
| Apr 8, 2024 | Listed by Real Properties | $179,999 | |
| Listed by Real Properties | |||
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Step into luxury living with this modern white bungalow, a true urban retreat in the heart of Houston. The kitchen and master bedroom are adorned with pristine quartz countertops, embodying elegance and sophistication. With 3 beds and 2 baths, there's ample space for families to thrive. Outside, discover over 4,000 sq ft of backyard bliss, perfect for family gatherings. Located near Houston Medical Center, downtown, and NRG Stadium, convenience meets luxury. Ideal for Airbnb investors, this property promises a lucrative opportunity in Houston's thriving hospitality scene. Don't miss out – schedule your showing today and experience the epitome of modern living!
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Property Highlights
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017