145 Road 5504
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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Orchard Brokerage | $280,000 | |
| Listed by Orchard Brokerage | |||
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by RE/MAX Grand | $249,000 | |
| Listed by RE/MAX Grand | |||
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Walk to the elementary school!! Welcome home to your gorgeous newly constructed home on 145 Road 5504! With a 10,000+ sqft lot, the possibilities are endless for entertainment! 4 bedroom and 2 bath. This property boasts a gorgeous floor plan that flows seamlessly. Enjoy the peace and quiet of this up and coming subdivision in Cleveland, Texas with low HOA dues and tax rate. Quality craftmanship, high end finishes and loads of natural light. The primary bath has all the luxuries you can imagine. Large family room for the family to enjoy. This property comes with great sized bedrooms and bathrooms along with lots of potential. This home is ready to be loved and cherished! The new section of the Grand Parkway is very near. The children can walk to the school being built down the street. It is called The New Leadership Academy of Texas. It is a free charter school. K-8th grade.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017