601 Main Street
About This Property
Property to be SOLD AS IS. The seller's name is Secretary of Veterans Affairs. Seller pays no closing costs,including title policy, survey, escrow fee, or transfer fee unless otherwise negotiated. Seller Financing (vendee) Options May be Available! Go to www.VRMproperties.com ID #168733 to find out! If built prior to 1978, Lead-Based Paint may exist. Buyer to verify all information and responsible for all due diligence.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 8, 2025 | Listed by RE/MAX Big Country | $110,000 | |
| Listed by RE/MAX Big Country | |||
| Sep 2, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Remax Of Abilene | $148,750 | |
| Listed by Remax Of Abilene | |||
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JIM NED GEM! Quite possibly the best bang for the buck in South Taylor County and not to mention this desired Jim Ned School District on two tree shaded corner lots. Super spacious rooms include three full bedrooms, flex bonus room, enclosed garage for use as media-hobby-game room and clean as a whistle basement ready to serve as a Sommelier's vino storage cellar or holiday decor safe keeping! This kitchen really cooks with the abundant cabinets equipped with not one, but two lazy susans and ample counter top space for the most discerning country chef. Numerous Owner updates include exterior paint, interior paint, recently installed roof, whole house electrical wiring, water meter, supply line and drain line to 1,000 gallon septic tank. Current climate control provided by new window units...but...hold the phone, Seller will install New Central Heat & Air prior to closing with acceptable offer! Ready for immediate occupancy or to carry this great home to the next level!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017