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1509 Highway 237
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 |
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| Sep 18, 2026 | Listed by Round Top Real Estate | $799,000 | |
| Listed by Round Top Real Estate | |||
| May 10, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Round Top Real Estate | $699,000 | |
| Listed by Round Top Real Estate | |||
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Country Cottage Ready for You!
This adorable 3 Bedroom/2 Bath Cottage is just minutes from Round Top. It was completely renovated in 2020 with features such as wood floors and quartz countertops. The great kitchen island and the open living/dining area provide gathering spots inside. The beautiful back porch and the cozy firepit area provide outdoor entertaining spaces. The cottage sits on over 2 acres with many large oak and pecan trees. The property also has a 16x40 storage building.
There is also a great investment opportunity with this property as it is currently a vacation rental.
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| Nov 5, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by Round Top Real Estate | $465,000 | |
| Listed by Round Top Real Estate | |||
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Extensive renovation completed in 2020 on this adorable 3 bedroom 2 bath country cottage just minutes from Round Top. Some of the many features include wood floors, good closet space, beautifully redone baths, and a spacious kitchen with large island and quartz countertops open to light filled living and dining rooms with plenty of room to entertain. Enjoy the views and relax on the big covered back porch. The 2 acre property has many large oak and pecan trees, a 16x40 storage building, and is fenced and cross fenced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017