3313 Frankston Highway
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 |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2020 | Listed by Powell Real Estate | $70,000 | |
| Listed by Powell Real Estate | |||
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LOCATION near the heart of Tyler !! Easy IN & OUT. Zoned C-1 -- City of Tyler Planning & Zoning staff is helpful ! IMAGINE HOW WELL YOUR BUSINESS WILL DO HERE. IMPORTANT ~ Ask for my maps & info before you go
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| May 22, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $119,625 | |
| Listed | |||
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Great vacant half acre lot in an area of rapid developing Commercial activity! The manager has listed the unit size as 25700 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017