2619 Texas Avenue
About This Property
Property is located in a desirable neighborhood, with easy access to major highways. While the property is in need of extensive repairs and renovation, it presents an excellent opportunity for investors who are willing to put in the work. The property is situated on a spacious lot, ample space for expansion or new construction. The surrounding area is undergoing rapid development, making it an ideal location for a new construction project.
The property is being sold in as-is condition, with no repairs or warranties offered by the seller. The property is priced competitively, taking into account the extensive repairs and renovations needed.
Don't miss out on this excellent investment opportunity! Contact us today to schedule a viewing and learn more about this property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 27, 2023 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Relisted | $199,997 | |
| Relisted | |||
| Nov 1, 2023 | Listed by Walzel Properties - Corporate Office | $199,997 | |
| Listed by Walzel Properties - Corporate Office | |||
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UPDATED!!!!!!!!!! The home has been absolutely remodeled, from door knobs to electrical work. Walk into this beautiful open-concept updated home. The kitchen is updated with new cabinets and stainless steel appliances & floors show clean durable vinyl plank floors. Beautiful luxurious updated bathrooms with all-new fixtures. Major updates include Pex plumbing, electric, HVAC, new windows, doors, floors, and much more. SCHEDULE APPOINTMENT NOW!!!!
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| Aug 11, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by Real Properties | $59,999 | |
| Listed by Real Properties | |||
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Attention Investors! Here's an opportunity to purchase a property in a prime location of Dickinson, Texas. This property is perfect for investors who are looking to flip or rehab and add to their investment portfolio.
Property is located in a desirable neighborhood, with easy access to major highways. While the property is in need of extensive repairs and renovation, it presents an excellent opportunity for investors who are willing to put in the work. The property is situated on a spacious lot, ample space for expansion or new construction. The surrounding area is undergoing rapid development, making it an ideal location for a new construction project.
The property is being sold in as-is condition, with no repairs or warranties offered by the seller. The property is priced competitively, taking into account the extensive repairs and renovations needed.
Don't miss out on this excellent investment opportunity! Contact us today to schedule a viewing and learn more about this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017