Lots 23,24 Pinehurst Drive
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 30, 2021 | In contract | - | |
| In contract | |||
| Mar 30, 2021 | Listed by J Hill Properties | $13,500 | |
| Listed by J Hill Properties | |||
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Shady 0.133 acre lot at The Falls in New Ulm. The Falls is a gated 750-acre community, nestled in the rolling hills of Colorado County, situated just a few miles north of Columbus, and a short drive west of Houston. It is home to the famed Falls 18-hole Golf Club and Resort -- now in the process of being renovated by the new owner. This wooded build site is across the street from a beautiful fairway. A perfectly groomed spot to build your dream home in the country! Columbus has a hospital, HEB, WalMart--everything you need. And Brenham is only about 35 minutes away. Blazing fast internet provided by Industry I-Net, water and sewer provided by their own local MUD.
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| Apr 9, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Living Texas Real Estate | $38,500 | |
| Listed by Living Texas Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017