112 Lexington RD
About This Property
Structures on the survey have been torn down and removed. If a new survey is needed the buyers will need to purchase
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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 11, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$148,000
↓ $2K
(1.3%) | |
| Price Decreased | |||
| Jan 4, 2025 | Listed by All City Real Estate Ltd. Co | $150,000 | |
| Listed by All City Real Estate Ltd. Co | |||
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great location Location: Ideally situated within walking distance to Main Street, local shops, restaurants, and the historic district.
Zoning:
Features: Cleared lot, utilities available (water, sewer, electricity), excellent road frontage, and mature trees providing shade and privacy.
Accessibility: Easy access to major highways and public transportation, making commuting to Austin and surrounding areas a breeze.
Whether you're looking to build a custom home, start a business, or hold the land as an investment, this property offers endless possibilities. Don't miss out on the chance to be part of Elgin's vibrant and growing community!
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| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| May 4, 2024 | Listed by Keller Williams Realty | $150,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017