31718 Waller Tomball Road
About This Property
BRICK HOME is 1598 sqft 4b/2b would make a great home or office space or rentable income.
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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%.
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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 11, 2021 | Sold | ||
| Sold | |||
| Jan 30, 2019 | Listed by Deitra Robertson Real Estate, | $720,000 | |
| Listed by Deitra Robertson Real Estate, | |||
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This .982 Acre property located in the city limits of Waller contains a a brick home and 3 warehouse buildings currently operated as a business. BUILDING #1 is used for warehouse space with two track doors and 1- 12x12 rollup. Attached to BUILDING #1 is the main office 17x22, break area 11x22 with full kitchen featuring double oven and commercial fridge, additional room for storage 11x17, full bathroom and shower, and an upstairs living quarters all Totaling 3094 sq ft. There is also a carport attached to #1 for 2 vehicles. BUILDING #2 is 4500 sq ft, fully insulated with R13 insulation, A/C & heat, firewall protection, 2- 10x12 & 1- 10x10 roll up doors, 8" thick concrete to sustain heavy equipment, 8x12 office, 12x12 office, employee break room, and 2 ADA compliant bathrooms BUILDING #3 is 1200 sq ft, insulated, A/C and heat, 1 walkthrough door and 2- 10x12 roll ups. 16 Camera Sec system.
BRICK HOME is 1598 sqft 4b/2b would make a great home or office space or rentable income.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017