218 Howard Street
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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2023 | Listed by Texas Trust Real Estate | $125,000 | |
| Listed by Texas Trust Real Estate | |||
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This lot is located in town with easy access to Highway 36, I-10 and schools, banks, churches and gas stations. The cute township of Sealy is at your fingertips! There is currently a Manufactured Home on this lot and a Carport. These structures can be removed and you could build a new home on this lot. There are gorgeous mature trees in a quiet neighborhood with a dead end street. This lot has so much potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017