1843 N Butch Arther Road
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 |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Designed Realty Group | $350,000 | |
| Listed by Designed Realty Group | |||
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Looking for a private, secluded piece of property located right up against the Sam Houston National Forest, well look no further. Properties like this do not come up very often! This property is minutes from town making quick access back to Houston a breeze. Property is wooded minus a small cleared area where the homesite is and storage buildings. Property has a rolling terrain, secured gate at entrance and nation forest on the back side. Newer 2/2 single wide with sheetrock walls makes a great weekend home or hunting cabin. Water well, power and septic are all onsite and fully operational.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017