10357 TX-16 S
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 |
|---|---|---|---|
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Dec 27, 2019 | No longer available | - | |
| No longer available | |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
| May 2, 2019 | Listed | $599,969 | |
| Listed | |||
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Platted & Ready to be Developed!! Great Investment/Business Opportunity to purchase & Build on this 1.669 acre Commercial Corner Lot on HWY 16 & Mission Gate with All Utilities Available to Site. Fantastic Location with endless Commercial Uses. Zoning has been verified for a 6,000sf Convenience Store. Excellent Visibility with over 343' of HWY 16 frontage offering convenient ingress & egress to site. Located Apx. 5 miles from Toyota Plant; 3 miles from Texas A&M San Antonio, 1 mile from Palo Alto College The manager has listed the unit size as 72701 square feet.
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| Jun 25, 2018 | Listed by Bruce Baumann Real Estate, Inc | $399,000 | |
| Listed by Bruce Baumann Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017