20222 E I-10 Freeway
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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by RE/MAX ONE - Premier | $352,000 | |
| Listed by RE/MAX ONE - Premier | |||
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Location is key and the possibilities are endless here! 20222 I-10 sits on 1 full acre with mature oak trees, completely fenced and is unrestricted. Great access to and from I-10 and can be used as commercial or residential. This property is also equipped with a second light pole and septic tank for additional uses. All of this is minutes from shopping, dining and the bay. 40 minutes to downtown Houston and 40 minutes to Beaumont with I-10 frontage. Low Chambers County Taxes! *This property did not flood during Harvey or Imelda.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017