1009 N Old Highway 81
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 |
|---|---|---|---|
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Robert Slack LLC | $300,000 | |
| Listed by Robert Slack LLC | |||
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Property next door is also listed for sale: 1007 N Old Highway 81. Nestled in the heart of the burgeoning Kyle community lies a pristine parcel of land presenting a wealth of opportunity. Boasting a significant stretch of frontage along the bustling Interstate 35, this property is a blank canvas for its future owners. This property is not just a purchase; it's an investment in a locale that is swiftly ascending the ranks of Texas' most coveted areas. Kyle, TX is a beacon of growth and opportunity—a fitting setting for an establishment that seeks to thrive alongside a thriving community. Close to downtown Kyle, Shopping, Restaurants & Hospital Medical services. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017