1239 Hill Road
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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 17, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by BHGRE Gary Greene | $375,000 | |
| Listed by BHGRE Gary Greene | |||
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This property has over one acre of unrestricted land with endless possibilities. Need a place to run your home-based business? This could be the perfect spot for you. There are 2 single family homes and ample storage space in the shed. The location couldn't be any more convenient for commuting or easy access around Houston. It's located right at the Hardy Toll Road. The homes are both well equipped for residences or offices. Don't miss out on this fantastic opportunity. The home needs TLC. Ask your agent to refer to agent notes for info related to this "as is" purchase. AGENTS: READ AGENT NOTES BEFORE SCHEDULING AN APPOINTMENT.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017