25545 State Hwy 55
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%.
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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 31, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | Listed by Riata Realty | $385,000 | |
| Listed by Riata Realty | |||
| Jul 16, 2024 | Listed by Riata Realty | $385,000 | |
| Listed by Riata Realty | |||
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This beautiful property, right on State Hwy 55, is a 3/bdr, 2/ba brick home that's as cozy as can be. The interior is immaculate and cheery, with a generous covered patio, storage, shed, 'stylish' chicken coop, and large workshop with electricity. It's fenced on three sides. Also on the property is a 588 sq ft one bdr, one bath, tiny home with an open concept living/kitchen area and spacious bedroom. There is also another structure directly behind it that is currently being used as a home office. This tiny home, office and land is individually fenced and has a separate entrance from the main house. Behind the main house and tiny home is a tract that is to be surveyed out which borders a tract in River Oaks subdivision. The total acreage for all is 5.55 acres and it is perimeter fenced. Owners will consider dividing the property. Call today for an exclusive showing!
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| Mar 8, 2019 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Listed | $224,500 | |
| Listed | |||
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Three bedroom two bath home recently remodeled on 5 and a half acres, surrounded by the hills of Nueces Canyon...Concrete driveway with easy access off Hwy 55...Could also be utilized as a commercial property...There is also a well on the property to water trees and plants..Large chicken house, barn, and workshop...Fenced and cross fenced. Only a short distance to the Post Office, restaurants, and nearby Nueces River for summer fun.. The manager has listed the unit size as 1770 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017