4317 Prairie 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 9, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Luxe Living Group, LLC | $59,900 | |
| Listed by Luxe Living Group, LLC | |||
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This commercial lot is ready for you to bring your business. Plenty of space, just shy of half an acre. Located just a few blocks from I45. You can get to I45 quickly and down to Galveston in 10 mins or head up to Houston in just 30 mins. Please confirm future use with City of La Marque.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017