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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 19, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by Signature Real Estate & Loans | $250,000 | |
| Listed by Signature Real Estate & Loans | |||
| Oct 31, 2025 | Price Decreased |
$249,995
↓ $5
(0%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed | $250,000 | |
| Listed | |||
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COMMERCIAL / RESIDENTIAL LOT Heber, CA (Near El Centro & Calexico) Property Description: Prime corner lot located in the growing community of Heber, just minutes from El Centro, Calexico, and major highways. This 0.83-acre parcel (approx. 36,154 sq. ft.) offers excellent visibility and easy access, surrounded by new residential and commercial developments. With flexible general-use zoning, the property is ideal for various commercial or residential projects. Property Highlights: Lot Size: 0.83 Acre (36,154 sq. ft.) Zoning: General Use (Commercial / Residential / Mixed-Use) Utilities: Water, sewer, and electricity nearby Price: $250,000 Owner Financing: Available for qualified buyers Potential Uses: Retail or Shopping Center Office or Medical Building Restaurant or Drive-Thru Multi-Unit Residential or Condo Development Additional Information: Great opportunity for developers and investors looking to build in a high-growth area. The property offers both flexibility and convenience, with strong demographics and expanding infrastructure in Imperial County.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017