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21500 Vermillion
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by RE/MAX Universal | $375,000 | |
| Listed by RE/MAX Universal | |||
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2.02 acres of unrestricted property just minutes from 99 in New Caney. Surrounded by mature trees, this gorgeous property is perfectly set up w/ home, workshop & possible rental property and private sanctuary all in one. Pier & Beam home built in 2013 w/ welcoming front porch, stunning vaulted ceiling & open floor plan. Chef's kitchen w/ granite countertops, ss appliances, glass top stove, breakfast bar, beverage fridge & tons of storage. 2 Generous secondary bedrooms w/ excellent closet space. Primary Bed at the back of the home w/ attached bath, dual sinks & inviting soaking tub. Outside the 60 x 40 Metal building is set up as a workshop, apartment, hang out area & garage space. Downstairs workshop area w/ storage space for tools & bathroom, entertaining area & drive through workspace. Upstairs a rustic 1 bed, bath, & living. Behind the home and workshop the acreage opens to a private peaceful paradise with mature trees and room for activities. Schedule your tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017