17930 Highway 36
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by RE/MAX Opportunities | $350,000 | |
| Listed by RE/MAX Opportunities | |||
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COMMERCIAL/RESIDENTIAL usage on a high traffic highway located in Fort Bend County. This property is located in Needville, Texas which is known to be the PRIME Real Estate location for Commercial development. It is in close proximity to recent commercial establishments and Needville Schools. Highway 36 is currently being widened from a two-lane highway to a four-lane highway and progress is underway. This will enhance the traffic flow in this area and create for opportunities for Commercial businesses along this corridor. The property includes 3+/- acres, a pond, and fencing. Residential investors this property would be a great buy and hold for future use. The home could be used as income producing: 3 beds/1 bath and has currently been lived in.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017