307 Old Main St
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 19, 2024 | Listed | $79,000 | |
| Listed | |||
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Located in the heart of Old Brazoria, this historical corner lot was once home to Steven F Austin's settlers. Situated at the intersection of Chestnut and Old Main, this property consists of two adjoining lots that can be subdivided. With two driveways already in place, the potential for this location is endless. City utilities are readily available, making this an ideal opportunity for a variety of uses.
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| Mar 4, 2024 | Sold | ||
| Sold | |||
| Feb 3, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2023 | Listed by Century 21 Olympian Brazoria | $79,900 | |
| Listed by Century 21 Olympian Brazoria | |||
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These double lots on the corner of Old Main and Chestnut St. are right in the heart of Brazoria. The property has two driveways, one on each street, and it is privacy fenced on three sides with chain link fence across the front. Property boasts a new 12x16 storage building. (The RV shed does not stay.) These lots are perfect for your new build!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017