5 Tejas Drive
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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | No longer available | - | |
| No longer available | |||
| Jul 16, 2024 | Listed by Co/Max Holding & Realty Co. | $64,500 | |
| Listed by Co/Max Holding & Realty Co. | |||
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This 2.21 acres of land located in Redskin Ridge subdivision offers an excellent opportunity for those seeking to establish an RV park or Mobile home park, with utilities and a paved entrance. this is ready for immediate development. located conveniently northeast of Huntsville , off county road 19, it offers a serene and attractive setting for recreational living or investment purposes attractively priced for quick sale. please contact agent for details. no appointment to visit the land.
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| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017