26578 4th Terrace
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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | Listed by Kodu Realty, LLC | $140,000 | |
| Listed by Kodu Realty, LLC | |||
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1.69 acres, Exciting Opportunity in Splendora, TX! This big piece of land, over an acre in size, is like a blank canvas waiting for your ideas. It's mostly cleared with some trees left, giving it a nice look. There are older mobile homes on the property, but they haven't been used in a long time. There are basic services available, but they might need some checking. The area is zoned for really good schools, and the neighbors take good care of their homes. It's just a short 15-minute drive to Highway 99, so you're not far from all the stores and places to eat. You can do a lot here - build a house or bring in a mobile home, the choice is yours. It's a free and easy place to live in the county, but you're still close to everything you need. Don't miss out on this chance to make your dream lifestyle happen. Get in touch with us today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017