200 N Frankston Highway
About This Property
Listed By
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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 22, 2026 | Price Decreased |
$115,000
↓ $10K
(8%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Top Guns Realty on Lake Conroe | $125,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
| Apr 26, 2025 | No longer available | - | |
| No longer available | |||
| May 3, 2024 | Listed by Staples Commercial Group, LLC | $150,000 | |
| Listed by Staples Commercial Group, LLC | |||
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Located along the bustling State Highway 155, a vacant lot and building await their next chapter, just north of the intersection with US Hwy 175. Once home to a mini-convenience store complete with underground gasoline pumps, the property has since housed a small workout facility. Now, its potential is ripe for transformation. With its strategic location, this property presents a prime opportunity for avariety of ventures. Imagine it as a drive-thru eatery, serving up delicious fare to travelers and locals alike. Alternatively, it could becomea cozy coffee shop, inviting patrons to pause and savor their favorite brews. This space could easily accommodate other retail endeavors. Moreover, ample parking space offers the flexibility to host food truck stations,adding an element of dynamic variety to the locale. Whether envisioning a culinary hotspot or a retail haven, this property stands poisedto become a vibrant hub of activity along this well-traveled route.
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| Dec 25, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017