1600 E Cedar 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 |
|---|---|---|---|
| Apr 25, 2025 | Listed by Bob Peltier & Associates | $3,484,800 | |
| Listed by Bob Peltier & Associates | |||
| Jan 6, 2025 | Listed | $3,484,800 | |
| Listed | |||
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ATTENTION ASTUTE INVESTORS AND DEVELOPERS: 80 ACRES WITH LOTS OF ROAD FRONTAGE!!! ON DOWNING, CEDAR, AND BUCHTA RD! EXCELLENT DRAINAGE. UNLIMITED OPTIONS FOR AN ARRAY OF DEVELOPMENTS. RESIDENTIAL SINGLE OR MULTI FAMILY, COMMERCIAL, INDUSTRIAL, MIXED USE, CURRENTLY LIMITED ONLY BY THE DEVELOPERS IMAGINATION. INVESTORS, 1031 EXCHANGE, AG EXEMPT. MAY CONSIDER DIVIDING. ONE MILE FROM THE BRAND NEW $100M+ BRAZORIA COUNTY COURTHOUSE CAMPUS. ABOUT 15 MINUTES TO FREEPORT AND 20 TO THE BEACH. LESS THAN ONE HOUR SOUTH OF HOUSTON. CONTACT US TODAY FOR INFORMATION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017