23675 Tejas Lane
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed by eXp Realty LLC | $89,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Handyman Special! Come check out this diamond in the rough, nestled within a secluded, quiet neighborhood. This mobile home property offers an investment or residential opportunity and is being sold as-is. With a large clear lot, there's a lot of potential for other buildings. Property includes shed, refrigerator and range. Conveniently located near 59 and Grand Parkway, and near shopping, restaurants and natural attractions. Home to be skirted and exterior cleaned prior to closing.
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| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Mar 23, 2024 | Price Decreased |
$99,000
↓ $16K
(13.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017