46962 Business 290
About This Property
Meticulously maintained and built in true "FOREVER HOME" fashion; no detail was spared when this well planned home was built. It is located in Waller ISD, just outside of Hempstead; (right off Business 290, allowing it to have amazing Commercial Potential) on two gorgeous acres with amazing views. How about.... This home has a fixed staircase that leads to an additional 1,000 square foot of bonus space for extra storage or that could easily be converted into an office, gym, studio, or whatever you may desire. The huge walk in shower, long kitchen island, and convenient carport are the ultimate perfect mix of country charm and comfortable luxuries. This home has custom details throughout. Homes of this magnitude with lots as amazing as this one (NO NEIGHBORS) do not hit the market often. You owe it to yourself to come and take a tour.
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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 1, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Price Decreased |
$525,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 7, 2024 | Price Increased |
$530,000
↑ $5K
(1%) | |
| Price Increased | |||
| May 3, 2024 | Listed by Crystal Fife Realty, LLC | $525,000 | |
| Listed by Crystal Fife Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017