40 Bob Steele
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 15, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by Keller Williams Realty Livingston | $459,000 | |
| Listed by Keller Williams Realty Livingston | |||
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This 2+ acre property features a beautiful home, oversized workshop with overhead doors and carport-style parking and is completely unrestricted! Split plan home showcasing an open concept that is enticing to the most discerning buyers. Kitchen features custom cabinetry, and quartz countertops! The primary bedroom has a tray ceiling, spacious ensuite bath w/double sinks, walk-in closet, with a separate shower. Stepping out the back porch, you enjoy a haven of tranquility with to enjoy in solitude or entertaining guests. The workshop is a dream for do-it-yourself persons! There's plenty of storage and work space. It even has an adjacent shelter for an RV with hookups! This is unrestricted land with lots of space between the neighbors. You'll enjoy easy access to the Houston area.
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| Oct 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 9, 2025 | Price Decreased |
$459,000
↓ $7K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017