6130 W State Highway 6
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 10, 2026 | Listed by Keller Williams Brazos West | $466,252 | |
| Listed by Keller Williams Brazos West | |||
| Jun 6, 2026 | No longer available | - | |
| No longer available | |||
| Feb 2, 2026 | Listed by GILMAN PROPERTIES | $499,555 | |
| Listed by GILMAN PROPERTIES | |||
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Exceptional 26+ acre property featuring approximately 750 feet of prime State Highway 6 frontage. Currently used for grazing, this tract offers outstanding development potential and is ideal for a future subdivision. The seller is also open to dividing the property, creating flexible investment opportunities. With high visibility, excellent access, and expansive acreage, this property presents endless possibilities for residential or mixed-use development and represents a rare opportunity to secure a high-traffic corridor location with room to grow.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017