20440 Telge Road
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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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by RE/MAX Integrity | $209,990 | |
| Listed by RE/MAX Integrity | |||
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EXCITING opportunity! A corner lot on Telge Rd with easy access to Tomball City and nearby major roads like 2920 and 99 offers a lot of potential for either residential or commercial development. With over an acre of space, there's plenty of room to build something tailored to your needs, whether it's a dream home or a thriving business. Plus, blending the perks of country living with city access can appeal to a wide range of preferences. Have you started envisioning what you might do with the space?
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About Harris
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,600 /mo
- 2 Beds
- 2 Baths
- 896 ft²
$3,000 /mo
- 3 Beds
- 2 Baths
- 1,556 ft²
Last Updated: 5 months ago
Data Source: HAR , MLS# 30851038
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Address: 335 Madison Avenue, New York, NY 10017