1622 James Avenue
About This Property
Just had property sub-divided into 2 lots with new survey!
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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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | Listed by Kelly, Realtors | $350,000 | |
| Listed by Kelly, Realtors | |||
| Jul 20, 2021 | No longer available | - | |
| No longer available | |||
| Jul 6, 2021 | Listed by First Texas Brokerage Company | $335,000 | |
| Listed by First Texas Brokerage Company | |||
| | |||
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Calling all Investors & Developers! Perfect opportunity to build your next community commercial building! Zoned C-1 for Waco (per mclennan cad, buyer to verify) permitted use is vast! Please call agent with any questions.
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| Oct 31, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017