11721 HOULE Road
About This Property
Ideal for homeowners seeking dual living arrangements or investors looking to maximize rental potential, this property also presents commercial opportunities. With its prime location near I 295 and easy access to River City Marketplace it's perfect for office spaces, Airbnb rentals, or boutique businesses (subject to CCG-2 zoning). Don't miss out on this versatile property-unlock its potential today!
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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 17, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2023 | Listed by US REALTY HUB | $750,000 | |
| Listed by US REALTY HUB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017