25523 Helms Drive
About This Property
This home sits on a large lot and has plenty of storage space for any type of buyer. The home comes with horse stalls and more outbuildings for your workshop, call now for more information! This will not last!
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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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | Listed by Mersaes Real Estate | $399,995 | |
| Listed by Mersaes Real Estate | |||
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HOME ADDRESS IS 822 HAVARD RD, HCAD HAS 25523 HELMS which is the side gate entrance. It is a huge non restricted property for someone who is also looking for a home and a commercial location to run a business. Property needs some work and remodeling. Home has 3 separate meters one for the house, shop and offices. Detach garage was converted into a small apartment with tile floors and full bath. Covered patios front and back of the house with jacuzzi area. You have to come see it to enjoy this unique property!
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| Oct 24, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Listed by Mersaes Real Estate | $449,995 | |
| Listed by Mersaes Real Estate | |||
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Owner Finance Available, Main house has 3 bedrooms and 2 baths, apartment and huge workshop.
Can park a big RV in the back or have own business.
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| Aug 3, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017