14019 Alice Road
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 |
|---|---|---|---|
| Jul 21, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by Waller County Land Co. | $245,000 | |
| Listed by Waller County Land Co. | |||
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PRIME COMMERCIAL LOCATION! Alice Road is a fast developing area in Tomball just off of FM 249/99 with easy access to FM 2920. The area is a mix of light commercial, industrial and residential. Property is unrestricted and has a 3 bedroom, 2 bath home with a 2 car carport large enough for an RV. Roof was replaced 4 years ago. Property is zoned commercial, has excellent road frontage (Approx. 100 Ft) and is not in the flood plain.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017