1037 Elm Street
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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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | Listed by Barnett & Hill | $210,000 | |
| Listed by Barnett & Hill | |||
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Barnett & Hill | $15,000 | |
| Listed by Barnett & Hill | |||
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0.167 ac lot in central Abilene near the newly refurbished Travis Elementary that is being converted to affordable senior housing. MD - Medium Density allows 12 structures per acre. Ideal infill lot in an area that has already seen varied examples of new builds and rehabilitation of existing structures.
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About Original Town South
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20859477
Details provided by NTREIS and may not match the public record
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