200 1st Street
About This Property
Inside, you'll find a combination of original real hardwood flooring, luxury vinyl plank, and carpeted bedrooms, creating warmth and character while complementing the home's refreshed interior. From the floors to the ceilings, careful attention has been given to bringing this home back to life while preserving the charm that makes an older property special.
Outside, the oversized two-lot setting provides additional space rarely found with homes in this area. A privacy-fenced yard, detached two-car garage, corner-lot location, and welcoming front porch.
The location is another standout feature. Enjoy convenient access to Terrell's historic downtown with its local dining, boutiques, shops, and community events, while also being just a short drive from the major shopping, dining, and entertainment options. Terrell also offers convenient access to both US-80 and I-20, making travel toward Dallas and surrounding communities easy.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by Exit Realty Pro | $260,000 | |
| Listed by Exit Realty Pro | |||
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Skyline Realty | $130,000 | |
| Listed by Skyline Realty | |||
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LOCATION, LOCATION, LOCATION!! Calling all investors!! Here is a great fix and flip opportunity. Motivated seller to all reasonable offers. Close proximity to shopping, gas stations, and parks. Close access to Hwy 20 and 80 for an easy commute in any direction. Cash buyers only. No option period. No repairs. Selling property AS-IS. Serious buyers only please.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017