1511 Gray Street
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 |
|---|---|---|---|
| Feb 13, 2026 | Listed by 1st Texas Realty Services | $42,999 | |
| Listed by 1st Texas Realty Services | |||
| Sep 11, 2025 | No longer available | - | |
| No longer available | |||
| Sep 10, 2024 | Listed by SWE Homes | $35,889 | |
| Listed by SWE Homes | |||
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Welcome to a fantastic opportunity! This fixer-upper home, boasting three bedrooms and one bathroom spread across 1,302 square feet, awaits your creative touch. Located north of Lubbock, TX, this property offers easy access to Hwy 70, simplifying your commute and enhancing your convenience. With a little TLC, this home has the potential to become your dream residence. Here you will be down the road from recreational areas such as Frisco park and E Givens Park. There are also plenty of local grocery shops, restaurants, and markets nearby. Don't miss out on this chance to transform this property into a gem of your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017