261 Private Road 652
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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Jul 17, 2021 | Listed by Compass RE Texas, LLC Memorial | $465,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Never flooded in 30 years. $60k spent on remodeling. Foundation, flooring, New stainless appliances, Quartz countertops in the kitchen with designer backsplash, new soft close cabinets/doors, new water heater, open floor plan to the family room. New vanities in the bathrooms, the primary has new tile and shower with frameless glass doors, secondary bath has new tile and tub. New water resistant laminate flooring throughout, new texture and paint in the home. New recessed lighting and faucets Three, beautiful, waterfront lots and new dock. Lots are fully bulk-headed, Boathouse with recent lifts. This home sits on lots 30 and 31. Lot 29 has no building on it. Great place for your garage and workshop. Home boasts cathedral ceilings and wall of floor-to-ceiling windows which offers unsurpassed views of Caney Creek. Home is being sold fully-furnished. Recent roof and siding. Ready and waiting for you to make the home just the way you want it. Owners are licensed Texas realtors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017