5415 Commerce 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 |
|---|---|---|---|
| Feb 4, 2022 | Sold | ||
| Sold | |||
| Aug 10, 2021 | Listed by Texas Premier Realty | $135,000 | |
| Listed by Texas Premier Realty | |||
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Great investment opportunity! 3/2/2 on 0.259 acres near downtown Wallis. Spacious living area with built ins. Separate updated kitchen with granite countertops. Laminate and tile floors throughout. Detached garage with carport cover and workshop area.
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| Apr 9, 2020 | Sold | ||
| Sold | |||
| Aug 27, 2019 | Listed by Keller Williams Realty -SW | $80,000 | |
| Listed by Keller Williams Realty -SW | |||
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Great investment property! Large .259 acre lot located directly off of HWY 36 and has many potential uses ...investment, commercial or residential. Or if you are looking for a project and enjoy restoring old homes. The house has an updated kitchen with granite counter tops, copper plumbing and metal roof. Laminate & title floors throughout. All appliances stay with the home including a commercial grade gas stove, refrigerator and washer/dryer. Home does not have working central air / heat and will require some electrical and cosmetic work. No flooding !
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| Aug 17, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017