6
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9150 Simmons 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 |
|---|---|---|---|
| Jul 16, 2026 | Price Decreased |
$120,000
↓ $20K
(14.3%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by MOD Realty, LLC | $140,000 | |
| Listed by MOD Realty, LLC | |||
| Mar 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 2, 2026 | Price Decreased |
$140,000
↓ $460K
(76.7%) | |
| Price Decreased | |||
| Dec 10, 2025 | Listed by MOD Realty, LLC | $600,000 | |
| Listed by MOD Realty, LLC | |||
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Two adjoining lots, 9146 and 9150 Simmons Street, can be sold together, totalling 1.61 acres at the end of a quiet dead-end street. With no restrictions and City of Houston services (not in a MUD), this property provides exceptional flexibility for residential construction, multi-home development, or investment use. The land offers privacy, space, and a rare blank slate for builders or buyers seeking acreage inside Houston’s growing corridor. Surrounded by ongoing development, this location presents strong long-term potential with convenient access to major roads, schools, and area amenities. An excellent opportunity for those looking to create, build, or invest without limitations. Can be sold together with 9146 Simmons.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017