1602 Turnpike Road
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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 |
|---|---|---|---|
| Nov 30, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by eXp Realty LLC | $750,000 | |
| Listed by eXp Realty LLC | |||
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Seize this incredible opportunity to create your dream home in Houston on one of the biggest lots within the highly sought-after Timbergrove Manor neighborhood. Nestled on a stunning street with new construction, this nearly 1/2 acre lot, featuring a 2-bedroom, 2-bathroom home, provides a tranquil backdrop amidst some of Timbergrove's finest estates. Timbergrove Manor is a premier community with tree-lined streets, extensive hike and bike paths along the White Oak Bayou Greenway Trail, and proximity to top-tier restaurants, parks, and shopping. Conveniently located minutes from The Galleria, Memorial Park, Heights M-K-T, and Downtown.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017