125 Mountain St
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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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed by Solid Rock Real Estate | $272,500 | |
| Listed by Solid Rock Real Estate | |||
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Rare property available with prime location in downtown Leakey just steps from the courthouse, school, and restaurants. This oversized lot is a generous 1.4 acres with no known restrictions and endless possibilities! The tract is essentially level with gorgeous oak trees providing ample shade. 158' of frontage on Mountain St (per RCAD). An older 3 BR/2 Ba single-wide manufactured home is currently located on the property. Electricity at site, public sewer, city water supply. The manager has listed the unit size as 1368 square feet.
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About Leakey
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Last Updated: 6 months ago
Data Source: LERA, MLS# 1712650
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017