12208 Long Trail
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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by RE/MAX Opportunities | $325,900 | |
| Listed by RE/MAX Opportunities | |||
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Introducing 12208 Long Trail located in Needville Texas on a large corner lot. This charming 2-bed, 2-bath home has been completed renovated and updated. Interior features include: a spacious open floor plan, wood plank tile floors throughout, large open kitchen with granite counters, stainless stove and built in microwave, ample counter and cabinet space, 2 generous sized bedrooms, and has handicap accessories. The exterior features include: 46x24 porta-cache, 2 car garage, 30x24 metal framed shop, an abundance of trees, and situated on right under an acre (.9 acres). Enjoy the conveniences of Needville Schools within a short driving/walking distance and easy access to major freeways, hospitals, etc. Perfect harmony of comfort, style, and nature.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017