409 ASH 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Revolve Realty, LLC | $53,000 | |
| Listed by Revolve Realty, LLC | |||
| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 22, 2024 | Listed by Revolve Realty, LLC | $53,000 | |
| Listed by Revolve Realty, LLC | |||
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These properties (409 and 411 Ash St) are available for joint sale at $53,000 for both and falls under the C1 zoning. It represents a prime real estate opportunity for emerging businesses, situated at a bustling intersection in Texas that caters to travelers journeying on I-10 from California to Florida, as well as those heading to Sul Ross University, Blue Origin Enterprises, and everywhere else in between.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017