503 N Electra Street
About This Property
This property is part of an exclusive investor special package available for a limited time. Click the following link to learn more and seize this unique opportunity! >>Electra Package<<
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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 |
|---|---|---|---|
| Feb 4, 2026 | Listed by 1st Texas Realty Services | $40,749 | |
| Listed by 1st Texas Realty Services | |||
| Sep 17, 2025 | No longer available | - | |
| No longer available | |||
| Jul 30, 2025 | Price Increased |
$40,749
↑ $8K
(22.6%) | |
| Price Increased | |||
| Sep 16, 2024 | Listed by SWE Homes | $33,249 | |
| Listed by SWE Homes | |||
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Don't miss the opportunity to invest in this house located in Electra, Texas! Take in Electra's small-town charm in this 3-bedroom home! Coming with a 7,000 sq. ft. lot this home will have much to offer. Customize this home and its grand yard space to suit your lifestyle. Take advantage of the proximity to city attractions like the Grand Theatre or Crazy Horse Saloon! With just a few minutes to Highway 287 you'll have easy access to neighboring towns like Vernon and Wichita Falls.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017