16 Road 6615
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2026 | Listed by Texcom Realty, Inc. | $89,000 | |
| Listed by Texcom Realty, Inc. | |||
| Jun 7, 2026 | No longer available | - | |
| No longer available | |||
| Jun 6, 2025 | Listed by Texcom Realty, Inc. | $92,000 | |
| Listed by Texcom Realty, Inc. | |||
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1.02 Acre Corner Lot! Create your dream home in Encino Estates! This lot offers endless possibilities for your ideal residence. Located within a deed-restricted community, you will benefit from 24/7 manned security and available utilities. You can choose to build with a preferred builder, and you'll be only 45 minutes away from downtown Houston. Enjoy the advantages of a low tax rate with no MUD or city taxes! Build your dream home in Encino Estates. This lot is located in a deed-restricted community with manned security 24/7, utilities available, and allows you to build with a preferred builder. It is only 45 minutes from downtown Houston. LOW TAX RATE, NO MUD OR CITY TAXES
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017