4937 2nd Street
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 |
|---|---|---|---|
| Jul 28, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by Houston Center Real Estate | $259,000 | |
| Listed by Houston Center Real Estate | |||
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Fantastic investor Opportunity in Pasadena!!! Check out this beautiful acre of land with potential to build your dream home or rehab fixer upper home on the property or do both for income producing property! Corner lot is located in dead end street and provides privacy and no deed restrictions or HOA. Possibilities are endless! Contact agent to schedule a showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017