2085 E Highway 237
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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$194,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by Land Unlimited | $199,000 | |
| Listed by Land Unlimited | |||
| Jan 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Nov 20, 2025 | Listed by Round Top Real Estate | $230,000 | |
| Listed by Round Top Real Estate | |||
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Located 6 miles south of Round Top and its renowned antique festivals, this development offers lots between 4 and 10 acres at a price lower than typically seen in this highly sought-after area. Offered with light restrictions to protect property values, these lots offer a clean slate for you to build a home or to hold for investment in this prime location. Each lot has ranging views and a relatively flat topography with natural grasses and mature oaks. The 8-acre lot has an attractive pond for livestock or recreation. County water, electricity and fiber are available at the front of each lot. A driveway has recently been built to TxDOT specs for the 8-acre and 10-acre lots to share, and a permit has been approved for the 4-acre and 5-acre lots to share. All four lots currently hold an agricultural exemption.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017