414 Tobe
About This Property
The property includes a 2 bedroom, 1 bathroom home with approximately 780 square feet, updated flooring and carpet, plus a detached workshop or storage building with electricity. Whether you're looking for a rental property, starter home, fixer opportunity, or land with future possibilities, this property offers flexibility and value.
This is an estate property being sold AS IS. Various personal items currently remain on site. Refrigerator is non-working and will need to be removed. Washer is non-working, while dryer remains operational. Furniture and additional items may remain with the property.
Hard-to-find acreage inside town with investment potential makes this one worth a look!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | Listed by Texas Real Estate Executives | $129,900 | |
| Listed by Texas Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017