12609 State Highway 64 E
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 |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 21, 2025 | Listed by Keller Williams Realty Tyler | $189,900 | |
| Listed by Keller Williams Realty Tyler | |||
| Aug 29, 2024 | Listed by Keller Williams Realty Tyler | $210,000 | |
| Listed by Keller Williams Realty Tyler | |||
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Calling all investors, developers, and entrepreneurs! Sitting on 1.704 acres, this expansive commercial property offers an exceptional opportunity for development. With most of the property cleared and boasting just over 290 feet of road frontage, it's a developer's dream. Located in a highly sought-after area, this property is an excellent investment with immense potential. Its strategic location makes it ideal for various commercial ventures. Whether you're looking to establish a retail destination, office complex, or mixed-use development, this property offers the flexibility and potential you need. The proximity to key amenities, a thriving business community, and a growing population ensures that your investment will flourish. Don't miss out on this opportunity for your next business venture. Invest in your future today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017