2811 Horse Trail Drive
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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Realty Of America, LLC | $115,000 | |
| Listed by Realty Of America, LLC | |||
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From State HWY 288 S, Take the exit toward Rosharon, Merge onto FM 1462 W/W Farm to Market 1462, Turn left onto Tankersley Dr, Turn right onto Horse Trail Dr. Lot is on the left.
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| Apr 28, 2025 | Listed | $130,000 | |
| Listed | |||
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From State HWY 288 S, Take the exit toward Rosharon, Merge onto FM 1462 W/W Farm to Market 1462, Turn left onto Tankersley Dr, Turn right onto Horse Trail Dr. Lot is on the left.
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| Mar 22, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017