4915 Ike Franks Road
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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 3, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by UTR TEXAS, REALTORS | $117,600 | |
| Listed by UTR TEXAS, REALTORS | |||
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Build your dream home and enjoy country living on this 1.57 acres. This lush lot has bee cleared and has a culvert and a gravel entry drive. Electric is available. Just add a a well and septic and start your new home construction this spring. Low tax rate with country living with close proximity to schools and shopping. If you want more land the adjoining lot is available as well.
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Coldwell Banker RealtyThe Willis Office | $126,920 | |
| Listed by Coldwell Banker RealtyThe Willis Office | |||
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Live your best life with country living on 1.67 acres! Build your dream home on this lush tract that has 108 feet of road frontage. Quality improvements such as a gravel driveway and culvert has been installed. Enjoy the lifestyle with getting farm fresh eggs from Ken’s Hens, fresh raw milk from Healthy Way Dairy, landscaping from Jimbo’s Nursery, or sipping on local wine from Haak Vineyards. Located just a short drive to Galveston Island, Clear Lake, and Houston approximately 30 – 40 minutes! Low tax rate, No HOA! Schedule an appointment today to view this stunning property!
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About Galveston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 94441071
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017