155 Kings Point Road
About This Property
Great weekend get-away appx 150 feet from Trinity River. There is a Subdivision Ramp into main body of Trinity River. House is on stilts, house has flooded. Good gravel roads, lightly populated. Home in need work and has been empty. Unsafe. Split level plan with kitchen/living area on first floor and bedrooms up. May have public water and electric but not sure and may not be conected. Lot size appx 120x180
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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.
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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 |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 1, 2023 | Listed by Evan S. Howell, Inc. | $25,000 | |
| Listed by Evan S. Howell, Inc. | |||
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Last Updated: 4 months ago
Data Source: HAR , MLS# 84739888
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Address: 335 Madison Avenue, New York, NY 10017