165 Road 5510
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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Prime Texas Properties | $40,000 | |
| Listed by Prime Texas Properties | |||
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Come build your dream home on this conveniently located lot within minutes from the proposed grand parkway and minutes from Hwy 59. Minimum of 1,200 square foot when building. No mobile homes allowed. Survey and soil samples have been taken care of. Located near SH-99 Toll. Come and build your New Home or bring your Manufactured home! No appointment necessary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017