259 Jerome
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 16, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by Texas Realty Unlimited, LLC | $225,000 | |
| Listed by Texas Realty Unlimited, LLC | |||
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Country living at its finest! This secluded, well kept, 640 SF, 1/1 open concept, Ranch style cabin sits on 4.4 UNRESTRICTED acres scattered with mature timber. This rustic home features a metal roof, new hot water heater, propane gas, vinyl flooring and an oversized utility room that can provide adequate storage. A large covered front porch, and a nice sized covered back porch gives you plenty of room to watch the native whitetail deer and various wildlife species that roam freely over the property. The pasture gives you ample room to raise horses, cattle, goats or just leave it open and enjoy the beautiful view. The cleared area gives room for a new construction build or mobile home. The storage shed has room to be converted into living space or a nice workshop. Take advantage of the pole shed to protect your yard equipment or play toys. New survey provided! Would make an excellent AirBnB due to the proximity of the Casino just minutes down the road.
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| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017