205 S 2nd Street
About This Property
Conveniently located near schools, shopping, and local amenities, this property is ready for its next chapter. Whether you're searching for your next renovation project, rental investment, or affordable home with room to grow, this is one you won't want to miss.
Bring your ideas and unlock the potential of this Silsbee property! Property is being sold as-is. (Photos are Virtually Staged)
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Stag & Stone Realty LLC | $35,000 | |
| Listed by Stag & Stone Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017