17200 Highway 6
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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 22, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by RE/MAX Synergy | $299,999 | |
| Listed by RE/MAX Synergy | |||
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|
Fantastic property zoned highway commercial. Property has over 280 foot of frontage on Highway 6 between Alvin and Manvel. There is quick access to I-45 and Highway 35. Property is in Flood Zone X - outside of 100 and 500 year floodplains. Traffic count in 2021 is over 14K daily. Recent survey provided. Great investment opportunity in a growing area.
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| Jul 20, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by Hieu Duong | $285,000 | |
| Listed by Hieu Duong | |||
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3.36AC Zoned Commercial on Hw6 with 289ft frontage between Alvin and Santa Fe by TX-35 & Proposed TX-99. Proposed TX-99 will run up TX-35 to FM 517. No pipeline, not in flood zone. most land are cleared. Easy access to TX-35 to the West, I-45 to the East, and FM 517 to the North. Near Santa Fe High Schools. Busy traffics with aprx 27K cars passing each day. Perfect for commercial, retail, office/warehouse. Great investment. Recent Seller Survey Provided. Disclosures: Owner/Agent
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| Jan 16, 2020 | No longer available | - | |
| No longer available | |||
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Last Updated: 6 months ago
Data Source: HAR , MLS# 7464552
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017