109 Noble Drive
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2025 | Listed by Grand Ranch Properties | $119,900 | |
| Listed by Grand Ranch Properties | |||
| May 7, 2024 | Price Decreased |
$124,900
↓ $4K
(3.1%) | |
| Price Decreased | |||
| Feb 24, 2024 | Listed | $128,900 | |
| Listed | |||
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1.20 ACRES IN DEER FOREST > CORNER LOT AT THE ENTRANCE OF THE COMMUNITY > LOTS OF OPTIONS FOR HOUSE PLACEMENT AND DRIVEWAYS > MATURE TREES > LEVEL TERRAIN > Located on the outskirts of Willis with nearby shopping and sought after New Waverly schools. Large lot wooded community with gentle rolling hills. Peaceful privacy. You will never be crowded by neighbors. Walker County - a country lifestyle for your custom forever home. Trees, paved roads, water, HIGH SPEED fiber optic internet & underground power through out. Minutes from shopping, dining, schools, hospitals, and entertainment. Low taxes - No MUD tax. High & Dry. Average elevation is 400’ above sea level.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017