1020 2nd Street
About This Property
Discover this beautiful home built in 2014, featuring an elegant stone exterior that exudes curb appeal. Inside, you'll find a contemporary open kitchen with tile flooring, a stylish Terrazzo tile backsplash, and ample cabinet space for all your storage needs.
The property is fully fenced for privacy and security, with a motorized gate providing convenient remote access. As an added bonus, the washer, dryer, and refrigerator are included for the future owner.
Situated just minutes from Hwy 290 and Prairie View A&M University, this home offers both comfort and convenience. Plus, the adjacent lot is included-providing extra space for expansion or investment opportunities!
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 9, 2025 | Listed by Aimpro Realty & Management LLC | $235,000 | |
| Listed by Aimpro Realty & Management LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017