13111 Vernon Road
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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 |
|---|---|---|---|
| Sep 13, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Compass RE Texas, LLC | $475,000 | |
| Listed by Compass RE Texas, LLC | |||
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***Commercial Or Residential Or Both***. Unrestricted property with a home on oversized lot, garage AND carport, new roof, new fence with two oversized gates for access to backyard, additional concrete and parking spaces, new exterior paint, new floors, and a bonus building of approximately 600 square foot in backyard that can be used for a small business, she-shed, man cave or flex room! Great location in Cypress, located strategically to Hwy 290 for easy access to major freeway. Current sellers have easily ran their business from this location and are now downsizing. Home based office? No problem! Cheap taxes, no HOA located in highly desirable Cy-Fair ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017