10
Map
16581 Interstate 45 N
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 |
|---|---|---|---|
| Jan 8, 2025 | Listed by HomeSmart | $996,000 | |
| Listed by HomeSmart | |||
| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 13, 2024 | Price Increased |
$996,000
↑ $371K
(59.4%) | |
| Price Increased | |||
| Aug 30, 2022 | Listed by HomeSmart | $625,000 | |
| Listed by HomeSmart | |||
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LOCATION, LOCATION, LOCATION! Cleared and fenced 4.57 acres located directly on the I45 feeder road! Unrestricted for residential or commercial use! The property is fenced for horses and has an active Water Well and Aerobic septic. The property is being sold AS-IS for land value only but does have a 3 bed 2 bath mobile home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017