159 Homedale Drive
About This Property
Super starter home. Easy access to I-10 and minutes away from stores and shopping centers. Tucked into a quiet subdivision. Desirable location! Call for a viewing today!
Directions:
1.Take the ramp on the left onto I-10 E
2.Take the exit toward TX-1281/Horizon City/Socorro
3.Merge onto Gateway Blvd E
4.Turn left onto Farm-To-Market Rd 1281 E/Horizon Blvd
5.Turn right onto Ellsworth Dr
6.Slight left onto Cameldale Dr
7.Take the 2nd left onto Homedale Dr
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by eXp Realty LLC | $149,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017