194 Gilmore 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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Market Realty Inc. | $119,000 | |
| Listed by Market Realty Inc. | |||
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Come build your dream home in the country on this gorgeous, hillside 1.5-acre tract of land in the Wolf Creek Springs Subdivision. Lightly restricted for residential use only and no manufactured homes. Lovely terrain with electricity, and no floodplain. Close proximity to the conveniences of Brenham, recreational activities at Lake Somerville, and located in Burton ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017