1781 E Us Highway 287
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 |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Jan 18, 2023 | Listed by Home Sweet Home RE Group | $169,500 | |
| Listed by Home Sweet Home RE Group | |||
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Welcome Home to Groveton - a quaint town nestled in the Piney Woods of East Texas! Situated on 2 acres, this adorable home has been recently updated to include new flooring (2020) , new kitchen cabinets and countertops (2022), and a new water heater (2019) just to name a few. Enjoy a quiet morning on the covered front porch or take a short drive into town for a cup of coffee! Store your equipment or start a project in the 1800 square foot shop, the choice is yours. With low taxes, good schools and Friday night lights, what's not to love? Make an appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017