314 Locust Street
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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Hall Real Estate | $250,000 | |
| Listed by Hall Real Estate | |||
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Awesome corner lot property located near the heart of downtown Sanger and walking distance to the town's square! This unique property offers 3 bedrooms and 3 full bathrooms with the ability to turn this into two separate units. Property features updates in the kitchen, laminate flooring, large corner lot location with large backyard and uncovered patio. Lots of potential in this great property. Located near I35, schools, dining options, lake Ray Roberts and State Park, and more! Come see it today!
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| Sep 20, 2024 | Delisted | - | |
| Delisted | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017