505 Road 5739
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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 |
|---|---|---|---|
| May 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 6, 2026 | Listed by Corcoran Genesis | $60,000 | |
| Listed by Corcoran Genesis | |||
| Dec 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 30, 2025 | Listed by Corcoran Genesis | $60,000 | |
| Listed by Corcoran Genesis | |||
| | |||
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With two large lots on the corner of Rd 5702 & Rd 5739 in Cleveland, TX. This spacious lot is ready for your dream home! All essential utilities—water, electricity, and sewer are available, saving you time and money. This lot offers a fantastic opportunity to start construction right away.
| |||
| Oct 16, 2025 | Price Decreased |
$60,000
↓ $8K
(11.8%) | |
| Price Decreased | |||
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Last Updated: 5 months ago
Data Source: HAR , MLS# 36223739
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017