212 Alastair Drive
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Texas United Realty | $100,000 | |
| Listed by Texas United Realty | |||
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Situated in the mature Pasadena neighborhood of Red Bluff Terrace, this oversized 6,600 sq ft lot is the perfect spot to build your dream home! Enjoy a tranquil, country lifestyle while being just minutes from the city. The existing driveway apron and sidewalk from the previous house will save you thousands on construction costs. It’s a fantastic area for raising a family! The lot is cleared, leveled, and ready to go, with all city utilities available. Drive by today and take a look!
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| Jul 20, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Jason Mitchell Real Estate LLC | $82,000 | |
| Listed by Jason Mitchell Real Estate LLC | |||
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This oversized lot is the perfect spot to build your dream home! Located in a great mature neighborhood in Pasadena and just minutes away from the city. Cleared and leveled with all city utilities available. Drive by today and take a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017