10
Map
20250 Ada Lane
About This Property
Conveniently located near 99/Grand Parkway, the property currently has single-wide mobile home with public water and septic. No HOA, not in a Flood Zone (Zone X). No survey available; buyer to verify restrictions, if any.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by eXp Realty LLC | $75,000 | |
| Listed by eXp Realty LLC | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 5, 2023 | Listed by CB&A, Realtors | $90,000 | |
| Listed by CB&A, Realtors | |||
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Discover the perfect investment opportunity in this expansive property encompassing slightly over 0.6 acres of land.
The manufactured home located on the property that is currently occupied but is being sold for land value only. This makes it an exceptional chance to capitalize on its potential. The existing electric and public water connections, along with the septic system in place, provide a strong foundation for future development.
This property boasts easy access to Highway 99 Grand Pkwy and mere minutes from Highway 59, granting you the advantage of a strategic location without compromising on tranquility. Embrace the prospect of crafting a new residential masterpiece or explore other options - the choice is yours.
As a unique opportunity, this expansive lot is being sold as-is, allowing you the freedom to transform it according to your vision. Don't miss out on this rare chance to acquire this remarkable property today!
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Property Highlights
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About New Caney Heights
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Last Updated: 12 months ago
Data Source: HAR , MLS# 62148975
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Address: 335 Madison Avenue, New York, NY 10017