4289 Electric Lane
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 |
|---|---|---|---|
| Aug 9, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Wave Real Esate Services, LLC | $84,900 | |
| Listed by Wave Real Esate Services, LLC | |||
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REDUCED! In the hills and winding roads of Grimes County you'll find this one acre in Anderson with electric, drive-way entrance, well, septic and a singlewide pad in place. This tract is house ready with 30+/- in land improvements, a rare find indeed! Lovely neighboring tracts, dead-end road and easy commute to College Station, Montgomery, Tomball and Huntsville! You will love arriving to this nice unrestricted tract! High and dry, no flooding here. Please call listing agent before walking the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017