31124 Hegar Road
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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 |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Waller County Land Co. | $204,070 | |
| Listed by Waller County Land Co. | |||
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Exceptional homesite in Hockley just minutes from Hwy 290. Beautiful 2.15 acres with large scattered pines, oaks and other hardwoods. A parklike setting for perfect homesite. Excellent fencing, no flood plain, ag exempt for 2023. Underground electric service available at front of property. New 4 rail pipe entrance. No commercial, no manufactured homes, 2000 SF minimum. 5 minutes from Houston Oaks. Wildlife & nature are present in this country sanctuary. Come experience this exceptional property and find the property to build your dream home.
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Last Updated: 6 months ago
Data Source: HAR , MLS# 24897643
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017