18756 Doubletree Drive
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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | No longer available | - | |
| No longer available | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by Redfin Corporation | $299,000 | |
| Listed by Redfin Corporation | |||
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This spacious 2-acre property offers a rare opportunity for anyone needing a shop area or enjoying country living. Located just minutes from the Texas Motor Speedway and downtown Justin, TX, this unrestricted land provides endless potential. The property features a manufactured home that is being sold as is. It has had some improvements made but needs some love. You will find a workshop that is perfect for a business or your projects. A carport and additional storage buildings offer ample space for tools, equipment, or extra vehicles. With a tranquil pond and plenty of room to roam, this quiet country setting combines convenience and peace, ideal for hobbyists or those seeking a private retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017