4425 South Highway 35
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by UTR TEXAS, REALTORS | $749,999 | |
| Listed by UTR TEXAS, REALTORS | |||
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Build your dream home on this 17.4-acre property 2 miles from the heart of Alvin.
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| Mar 25, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Kibbe Stockwell Properties | $399,900 | |
| Listed by Kibbe Stockwell Properties | |||
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What a Great Opportunity Build Your Dream Home or Develop. This 17.4 Acre Property is 2 miles from the Heart of Alvin yet still has a Country Living Feel! Enough Land for Cattle, Horses AND the Home of your Dreams! Trees in the back are part of the Property not Outlined in Photos. ***Builders, This Property is in a Prime Location for Development!*** This Land has Endless Possibilities! LOCATION! LOCATION! LOCATION! This Property is Seconds Away from the Projected Extension of Spur 5. Spur 5 will have Direct Access to Downtown Houston. Property Taxes are at a Super Low 2.3%. Contact me today! This is a Rare Find!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017