TRACT 4 HWY 97
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 |
|---|---|---|---|
| Feb 23, 2023 | Sold | ||
| Sold | |||
| Nov 19, 2022 | Listed by Keller Williams Heritage | $144,900 | |
| Listed by Keller Williams Heritage | |||
| Sep 5, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by South Texas Realty, LLC | $79,000 | |
| Listed by South Texas Realty, LLC | |||
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Here is your chance to own a Texas ranchette! Conveniently located to Pleasanton, TX and to I-37 which can take you North to San Antonio (26 miles) or South to Corpus Christi (100 miles). There are 5 tracts available: 4A is 3.12 acres with Hwy 97 frontage, and 4B-4E are 2.02 acres each and are approx. 180ft x 487ft. The tracts allow for privacy and excellent location. Site built homes only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017