Lot 4- 1649 Canal
About This Property
Lot #4
GPS Coordinates - Lon. 95.580 Lat. 28.788
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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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Keller Williams Woodlands | $100,000 | |
| Listed by Keller Williams Woodlands | |||
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Where else can you find beach front property to build your dream home at such a reasonable price? With full access to your own slice of the Gulf Coast at your front door, here’s the opportunity to grab a piece of this up and coming beach town before it’s all gone. Incredible fishing opportunities, quick access via Sargent’s new Corkscrew Bridge and close proximity to greater Houston areas make this the perfect place to live, vacation, visit and invest. Multiple neighboring lots and adjacent lots available.
Lot #4
GPS Coordinates - Lon. 95.580 Lat. 28.788
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017