9218 Pembrook Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by Alumbra International Properties | $74,500 | |
| Listed by Alumbra International Properties | |||
| | |||
|
Prime opportunity in Northeast Houston! This 8,400 sqft lot is perfect for residential construction or your next investment project. Located in a rapidly growing area, this property offers incredible potential as development continues to expand. With easy access to I-59, you’re just minutes from Downtown Houston, the Heights, Shopping and Dining. Whether you’re looking to build a custom home, duplex, or rental property, this spacious lot provides the flexibility to bring your vision to life. Don’t miss out on securing land in one of Houston’s up-and-coming neighborhoods.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017