46291 Old Houston Highway
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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%.
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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 2, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Listed by Gulf Coast, Realtors | $695,000 | |
| Listed by Gulf Coast, Realtors | |||
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Welcome to your countryside home on 8 acres of land! This 3 bedroom 1 bath has been well taken care of. It has a 2 car workshop garage, private fence, and pole barn for your enjoyment. Schedule your showing today to see how you can put your personal touch on this countryside home.
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| May 6, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by RE/MAX Vintage | $200,000 | |
| Listed by RE/MAX Vintage | |||
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Unrestricted Home on 8.2 acres is being sold As-Is. This 3 bedroom 1 Bath Home features nice size rooms thru out, lots of closet and storage space and a covered front porch. Outside there is a slab which can also be covered for a patio/summer kitchen area. Two Car Garage has 9'wide doors and has a window unit. This property is partially fenced and has some mature Oak and Hickory Trees. Well and Septic here and low tax rate. This home offers easy access to Hwy 290.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017