Lot 2 Jones Street
About This Property
Did not flood during Harvey. City utilities available.
Lots in Columbus are hard to come by so get them while you can! For information on the additional lots please see MLS 59231480 and MLS 67771670
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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 |
|---|---|---|---|
| Mar 24, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Living Texas Real Estate | $45,500 | |
| Listed by Living Texas Real Estate | |||
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Last Updated: 3 years ago
Data Source: HAR , MLS# 66394954
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