1303 N Thompson Street
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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%.
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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 30, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Hutson Realty Partners | $235,000 | |
| Listed by Hutson Realty Partners | |||
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Introducing a unique investment opportunity in the heart of Conroe! This fixer-upper home is situated on a spacious corner lot near the heart of downtown Conroe, & is unrestricted, for commercial or residential use. Whether used as a commercial or residential property, this home provides ample room to customize the layout to your liking. This property presents a unique opportunity for anyone looking to invest in a fixer-upper that can be used as either a residential or commercial space.
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| Jun 10, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by BHGRE Gary Greene | $255,000 | |
| Listed by BHGRE Gary Greene | |||
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Gorgeous home in the heart of Conroe on 1/3 of an acre just blocks away from downtown! This gorgeous 3 bedroom 3 bath home with two car garage with apartment above is a must see! The home features a large living area, study (could be 4th bedroom), kitchen, breakfast room, formal dining room, and generous sized bedrooms. Original hard wood floors! Amazing architectural details! Garage apartment is 380 sq. ft. with half bath. New roof on detached garage. This won't be on the market long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017