2021 Mcdaniel Street
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 |
|---|---|---|---|
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Keller Williams Realty Metropolitan | $599,900 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Unique residential property that doubles as a commercial space 5 miles from downtown Houston. 27,993 sqft lot includes a charming updated 2 bed/1bath 900 sqft bungalow. Behind the home is a fenced-in 10,000 sqft paved area with a 1,400 sqft 5-car detached oversized garage/warehouse. A convenient 400 sqft garage apartment connects to the garage and includes a full bath and HVAC. Total building area is 2,700 sqft. Carports provide covered parking for up to 6 vehicles. Lot is fully fenced for privacy, with 2 electric openers. Keypad and smartphone connectivity for gate makes access a breeze. Home and garage are wired with ethernet and tied to camera system with recorder. Both buildings have newer roofs (2019), updated appliances, water heaters, smart locks, fiber internet connection, and automatic exterior lighting. Garage and home also have separate electric meters. Come see this versatile property before it’s too late! Perfect for contractors, landscapers, auto mechanics, etc.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017