16607 Bobcat Trail
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Compass RE Texas, LLC - Houston | $258,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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ACCEPTING OFFERS UNTIL Wednesday, July 24 2024 at 1pm. NO RESTRICTIONS known to seller! Horses allowed!! 2 Acres of partially wooded land with access to FM 2920 and Spring Cypress Road (North and South). It is located near the Grand Parkway and Highway 249 (West and East). Cypress Town Center is a short 6 miles away with shopping, dining, and entertainment. Build your dream home on the idyllic partially wooded 2-acre lot. AS IS.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017