15127 Draper 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%.
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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 |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Keller Williams Houston | $498,000 | |
| Listed by Keller Williams Houston | |||
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Amazing business opportunity on a .75 acre Non-Deed lot that is visible from 1960, You can work where you live. This 3/2/2 home that was transformed in to an Allstate office for years. This property boast of 7 room that can be offices, bedrooms, conference rooms, there are so many uses. it tons of storage, Kitchen and dining area 4 covered parking areas and 13 parking area in front. Also it has an insulated warehouse, with a 1/2 bath. There are very few properties that offer this type of business opportunity.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 20380984
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017