338 Hill 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 |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Hodde Real Estate Company | $275,000 | |
| Listed by Hodde Real Estate Company | |||
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Love vintage homes? There is room to grow with this updated 1890’s one acre homestead which is conveniently nestled away near downtown Sealy with quick access to I-10 W & Hwy. 36. Spacious rooms accentuated by soaring ceilings; original hardwoods, shiplap, & beadboard flow through the layout of this authentic dog trot farmhouse design. Admire from either porch or sprawling deck the raised-bed vegetable gardens, established berry patch, flower gardens & fruit trees ... not-to-mention the glorious sunsets that close the day. The period barn with chicken coop & room to store essential equipment & tools complete the traditional farm setting. Feather your nest & make this a primary residence or weekend getaway or a simply extraordinary retreat from the ordinary. Seller is is ready to negotiate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017