1306 Mockingbird Bend
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $209,900 | |
| Listed | |||
| | |||
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This is a 4-bedroom 2.5-bath home near downtown Sealy located in a neighborhood only a short distance to Sealy ISD schools. Property includes 16?x 25? storage building with loft for extra storage out of the way and out of the house. An additional 13?x 42? patio that could make for an easy add on for extra space or an additional room. There is a double gated fenced opening on the side of the house that is great for storage. Easy access to I-10, Hwy 36 and Hwy 90. Property is out of the flood zone and has not flooded. Upgrades include new paint (inside and out) and new carpet - both in 2019. The manager has listed the unit size as 1890 square feet.
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| Feb 21, 2020 | Listed by Texas Land Group | $209,900 | |
| Listed by Texas Land Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017