299 N Armstrong Road
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 |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2020 | Listed by Rendon Realty, LLC | $104,900 | |
| Listed by Rendon Realty, LLC | |||
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Great area to build your dream home, with room for the animals and the shop. Highly sought after Maypearl ISD. This 3.25 acre parcel has a flat building area and is in a great neighborhood. Easy commute to Dallas or Fort Worth. Small town and wonderful community! Water and electric is at the road and septic is required in the county. Deed restricted. Hurry, this one won't last long!
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| Jun 29, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by Premiere Properties | $101,000 | |
| Listed by Premiere Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017