202 Jackson Street
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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| Mar 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 16, 2024 | Listed by Fathom Realty LLC | $44,900 | |
| Listed by Fathom Realty LLC | |||
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Great development opportunity! Half acre lot adjacent to Mount Vernon's Little Creek Park and Splash Pad. One block away from Mount Vernon's downtown commercial district and walking access to restaurants, beauty shops and more! This residential zoned investment opportunity is ready for a single family home, duplex, or multifamily living! This level lot has some trees and utilities present. Take a look and bring your ideas! All information is deemed reliable but is not guaranteed and should be independently verified by the buyer's agent and buyer.
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| Oct 12, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Nada Homes | $19,900 | |
| Listed by Nada Homes | |||
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Seller Financing available on this incredible opportunity to develop the last lot adjacent to Little Creek Park and the Splash Pad in downtown Mount Vernon, TX! Half acre of level land with some trees and utilities present. This well positioned lot sits on a high elevation with direct access and full view of park amenities. Only 1 block from the downtown commercial district, this is a perfect investment property for commercial or multi-purpose use and also zoned for up to a Quad Plex. Bring your development ideas and business acumen to capitalize on this future gem!
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About Mount Vernon
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14617215
Details provided by NTREIS and may not match the public record
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