LOT 376 Boron Drive
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 |
|---|---|---|---|
| Jun 14, 2023 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Compass RE Texas, LLC | $3,000 | |
| Listed by Compass RE Texas, LLC | |||
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Here you will find 2,000 acres of natural environment featuring 5 fishing lakes, over a mile of sandy beaches, an equestrian center, miles of hiking & biking trails and recreational activities for all ages. You will find a splash pad, putt-putt course, BBQ stations, Large outdoor pavilion and swimming pools. All of this just an hour from Houston or Beaumont. All enhanced by a sunny, warm Texas climate that lets you enjoy the outdoors all year long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017