4918 Almeda Genoa Road
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 |
|---|---|---|---|
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Oct 10, 2022 | Listed by Keller Williams Hou Preferred | $280,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Looking for a blank canvas to build your dream property? Look no further! This just over an acre of no HOA restricted land. Perfect for those who want to be close to the Medical Center but also have the space to build their dream home. Combining two lots, this property extends from Almeda Genoa to Lincolnshire! There is plenty of space for you to get creative and make this property your own. And with it being less than an hour from Galveston, you can enjoy all that the island has to offer while still being close to Houston. So don't miss out on this great opportunity - purchase this property today and start building your future! Present structures will need to be torn down - Lot value only. Schedule a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017