23
Map
12807 Chromite ST
About This Property
The Duplex currently has two long term tenants that bring in $2850/ month
side B is perfect and newly renovated, and side A needs a makeover.
unit A pays $1150 and Unit B pays $1700
cozy community! side A enjoys a garage and a private backyard.
Termination of dates of Leases are
Unit A: 08/31/2025
Unit B: 12/31/2024
NEW HVAC on side B - roof installed 2012. Property is sold AS IS.
Discover this gem in the technology sector and nestled in the Lamplight Village neighborhood. Just down the road from the domain, multiple restaurants, HEB and more!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Jul 27, 2024 | Listed by Central Metro Realty | $475,000 | |
| Listed by Central Metro Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017