4041 S Crest Street
About This Property
Available 0.1148-acre lot in Bacliff. The home on the property is in advanced dilapidated condition and possibly a tear down situation. But bring your vision to life! as this property has the potential to be an excellent site for a new home build. Property sits on a nice corner lot and a rare opportunity for those seeking a rewarding fixer-upper project and build a remarkable home or capitalize on an outstanding investment venture.
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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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by BHGRE Gary Greene | $90,000 | |
| Listed by BHGRE Gary Greene | |||
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Attention to all investors, flippers, and DIY enthusiasts!
Available 0.1148-acre lot in Bacliff. The home on the property is in advanced dilapidated condition and possibly a tear down situation. But bring your vision to life! as this property has the potential to be an excellent site for a new home build. Property sits on a nice corner lot and a rare opportunity for those seeking a rewarding fixer-upper project and build a remarkable home or capitalize on an outstanding investment venture.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017