338 S Walker Road
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 |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by JLA Realty | $96,000 | |
| Listed by JLA Realty | |||
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INVESTOR'S SPECIAL conveniently located between Conroe and Cleveland and 1 block off of Hwy 105 W. This 1.2 acre lot is unrestricted. Near the back of the lot is an old septic tank already in place and a well, where a manufactured home used to sit. The home is no longer in place. The home that currently is in place at the front of the lot can be fixed up or demolished, depending on what one would want to do with the property. The home is on conventional septic and has it's own well. Don't miss out on this fantastic opportunity as the property is already being looked at by buyers.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017