3010 Blackwood Road
About This Property
RARE FIND, 3 ACRES OF UNRESTRICTED LAND IN FORT BEND COUNTY EXTREMELY WELL PRICED AND READY FOR YOUR NEXT PROJECT BE IT JUST PLAIN INVESTMENT OR BUILDING YOUR FUTURE DREAM HOME, YOU CAN ALSO SUBDIVIDE IT TO BUILD 4 TO 5 HOMES AND SELL THEM, OR A SMALL MULTI FAMILY/APARTMENT BUILDING OR TOWNHOMES, YOU CAN EVEN DO A SMALL TRAILER PARK IF YOU SO CHOOSE THE POSSIBILITIES ARE UNLIMITED
LET US HELP YOU WITH YOUR NEXT PROJECT AND MAKE YOUR DREAMS COME TRUE.
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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 26, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by Omar Bitar Realty, LLC, | $229,900 | |
| Listed by Omar Bitar Realty, LLC, | |||
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MULTIPLE OFFERS, HIGHEST AND BEST DUE BY 5 PM 4/29/2022
RARE FIND, 3 ACRES OF UNRESTRICTED LAND IN FORT BEND COUNTY EXTREMELY WELL PRICED AND READY FOR YOUR NEXT PROJECT BE IT JUST PLAIN INVESTMENT OR BUILDING YOUR FUTURE DREAM HOME, YOU CAN ALSO SUBDIVIDE IT TO BUILD 4 TO 5 HOMES AND SELL THEM, OR A SMALL MULTI FAMILY/APARTMENT BUILDING OR TOWNHOMES, YOU CAN EVEN DO A SMALL TRAILER PARK IF YOU SO CHOOSE THE POSSIBILITIES ARE UNLIMITED
LET US HELP YOU WITH YOUR NEXT PROJECT AND MAKE YOUR DREAMS COME TRUE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017