5538 Peek Road
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 |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by eXp Realty, LLC | $600,000 | |
| Listed by eXp Realty, LLC | |||
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Rare opportunity to own 6.509 UNRESTRICTED ACRES in Katy TX. This property gives investors the flexibility to build commercial, industrial, or residential project, storage facility, mobile home park, RV park, ranch, or subdivide into smaller lots. Prime location is minutes away from the Grand Parkway 99, Interstate 10, HWY 290, westward expansion in Katy, Paetow High School, Stockdick Junior High School, and new communities, such as Aurora by Century Communities, Elyson, Ventana Lakes. There are endless possibilities to expand your portfolio or start a new investment opportunity.
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| Mar 3, 2019 | No longer available | - | |
| No longer available | |||
| Nov 9, 2018 | Relisted | $600,000 | |
| Relisted | |||
| Oct 21, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017