15656 Hwy 75 N
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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.
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 |
|---|---|---|---|
| Apr 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 3, 2022 | Listed by PARAGON, REALTORS | $1,950 | |
| Listed by PARAGON, REALTORS | |||
| | |||
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Prime commercial property located on Hwy 75. Bring your business to this 1430sf house featuring a 2 office, 2 bath with large living area and kitchen space layout. Tons of parking in front as well as the back of the property on this 1.24 acre lot. Situated in the Van Alstyne ETJ there are no restrictions. Perfect for retail, industrial, equipment sales etc. With 50,000 cars passing daily, don't miss this opportunity! The manager has listed the unit size as 1430 square feet.
| |||
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by TLF Properties, Inc. | $225,000 | |
| Listed by TLF Properties, Inc. | |||
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About Grayson
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 3 Beds
- 2 Baths
- 1,567 ft²
$2,200 /mo
- 4 Beds
- 3 Baths
- 2,306 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017