40 Front Street
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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by Texas Team Real Estate | $165,000 | |
| Listed by Texas Team Real Estate | |||
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One of the few lots available in this one of a kind location - Neptune Harbor. The best duck hunting and fishing is in the lovely Rockport area of Lamar! Easy access to Aransas, St. Charles & Copano Bays. Goose Island State Park is close by and offers a boat launch as well as the launch on Lamar Beach Road. This community cares about it's canals and was the first to have their canals cleared after Harvey. Lamar boasts reverse osmosis water and their own Fire Department. Come be a part of this friendly community and have the best of everything. All lot measurements are estimated and should be verified by the buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017