602 Mason 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Listed | $250,000 | |
| Listed | |||
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Location! Location! Location! Great opportunity to live and work one street off Main St. in the Heart of Tomball, where all the action is! This property is zoned by the City of Tomball for Commercial and/or Residential use. Property was once a CPA office, with ample parking in front and the home set farther back. Well maintained home, large utility room, covered back patio/porch and large storage shed. Recent new roof.
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| Apr 7, 2022 | Sold | ||
| Sold | |||
| Feb 26, 2022 | Listed by Compass Re Texas, LLC | $249,000 | |
| Listed by Compass Re Texas, LLC | |||
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Great opportunity to live and work one street off Main in the Heart of Tomball, where all the action is! Per seller, this property is zoned by City of Tomball for Commercial and/or Residential. Property used to be a CPA office, with ample parking in front, with the home set back further. Well maintained home, easy to maintain yard, updated bathroom, large utility room, covered back porch and storage shed. Washer, dryer and refrigerator all negotiable. Pride in ownership and these type of properties do NOT come up often. Grab it before it is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017