3815 Commerce
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 24, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by The Advisory Real Estate + | $85,000 | |
| Listed by The Advisory Real Estate + | |||
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Great investor opportunity needs TLC but with lots of potential. Conveniently located seconds from HWY36 which is currently undergoing expansion to account for area growth. The peaceful town of Damon is just moments away from West Columbia and a short drive from the Fort Bend County Fair Grounds. This home sits on a spacious lot with a large yard full of beautiful mature trees. This property is not in a flood zone and has never flooded. No HOA! Buyer to verify all measurements and purchase survey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017