502 Mason 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 |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by RE/MAX Elite Properties | $299,900 | |
| Listed by RE/MAX Elite Properties | |||
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Located just one block off of Main Street in Tomball and within walking distance of dining and shopping, this beautifully renovated 1950's home could be perfect for your small business. Features include ADA approved doors and ramp for access, large den as you enter which is shared with the kitchen, two bedrooms, storage room, plantation shutters, covered front porch and the list goes on.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017