11188 Highway 159 W
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 |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by J. Lindsey Properties | $325,000 | |
| Listed by J. Lindsey Properties | |||
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 13, 2021 | Listed by Coldwell Banker Properties | $100,000 | |
| Listed by Coldwell Banker Properties | |||
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This unrestricted 2.1 acres is ready for you to build your next home. Located in the heart of the Nelsonville community, you are just minutes from Brenham and Bellville. A few tree clusters make for perfect home and barn sites. 2 power poles are already in place and there is a well on the property (condition unknown). Listing agent is owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017