12635 Green River Drive
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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 |
|---|---|---|---|
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by Boom Real Estate | $324,990 | |
| Listed by Boom Real Estate | |||
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Great Location! 1.25 acres with 2 homes sits on a corner lot with access from Green River Dr. and Mayhaw Ln. No Restrictions can be used for commercial or residential. The concrete pad has electric and septic hookups. House needs some work. The mobile home is a 2/2 and move-in ready. Lots of mature trees are great for shade. Square footage reflects both homes. Build your Dream Home or open up a business. Conveniently located off U.S. 90 and Beltway 8, this property has easy access to East Houston, Minutes from Herman Brown Park, Sheldon Lake. Zoned to Sheldon ISD. NO HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017