15799 1st 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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by eXp Realty LLC | $775,000 | |
| Listed by eXp Realty LLC | |||
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LOTS to Love! This acreage provides a beautiful palette for you to explore. Pond on property is loaded with fish. Front portion is cleared and ready for your dream home! Back portion offers a wonderful mix of pines underbrush & hardwoods. Far removed from the bustle of the city but close to US59/69, to conveniently provide all the comforts you need. High out of the flood plain & wonderfully situated to give you tons of options for your weekend getaways. No equipment is included in this sale.
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| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | Listed by RE/MAX Associates Northeast | $699,000 | |
| Listed by RE/MAX Associates Northeast | |||
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BUILD YOUR DREAM HOME AND BUSINESS ON THIS GREAT LOCATION- NO MUD TAX, LOW TAXES, UNRESTRICTED
PER MCAD. SUPER LOCATION WITH EASY ACCESS TO HWY 59 AND MAIN ROAD & GRAND PARKWAY. POSSIBLY
30 MINUTES TO HOUSTON & IAH AIRPORT. HIGHLY 4A RATED SPLENDORA SCHOOL DISTRICT. WATER & SEWER
AVAILABLE THRU CITY OF SPLENDORA. LOT HAS A SMALL POND TO THE BACK OF THE LOT. OTHER BUSINESSES
ALL AROUND. NOT IN THE FLOOD ZONE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017