904 Horace Mann
About This Property
Blocks from Alt 90 (Avenue H) and FM 762 (Thompson Rd). Older Home in very Good Condition, ready for move-in. Double lot at the Corner of Horace Mann and Mustang Ave. The 2nd lot provides a large, back-yard or a 2nd lot to build that 2nd house for family, development or investment purposes. Huge, majestic shade trees throughout both Lots. Large covered patio space in the back of the home looking across the large backyard. Garden shed on the property. Walking distance to all 3-grade levels and school complex.
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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%.
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Listed by Redfin Corporation | $235,000 | |
| Listed by Redfin Corporation | |||
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Welcome to 904 Horace Mann Ave. This home has been COMPLETELY REMODELED inside and outside, prepare to be amazed! Three spacious bedrooms, 2 full baths, living room, dining room. All new flooring, counters in the kitchen, bathroom vanity, lighting, and toilets. New sod, trees, and home freshly painted inside and outside. Front lot #1 with home on it is included in this sale, lot #2 behind the home is for sale as well. Refrigerator included - including one in garage. Garage epoxy flooring. Directly across the street from Lamar Consolidated High School and a short distance to all 3 grade levels and school complex. Close to everything in Rosenberg!
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| Jan 13, 2023 | Sold | ||
| Sold | |||
| Dec 26, 2022 | Listed by Tom Parks Properties | $209,000 | |
| Listed by Tom Parks Properties | |||
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58579942
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017