615 Kane Street
About This Property
This wonderful Home has just been refreshed and ready for it's next chapter! Situated on a 14,000 sq. ft. Multi-Use Corner Homesite in Old Town Tomball, it can meet many needs. New Flooring, Cabinets, QUARTZ Counters, and full bathroom designs. 3 Bedrooms and 2 Baths. Vaulted Ceiling in the Family Room.
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by 7th Generation Realty | $399,990 | |
| Listed by 7th Generation Realty | |||
| Jan 29, 2025 | No longer available | - | |
| No longer available | |||
| Dec 10, 2024 | Listed by 7th Generation Realty | $379,990 | |
| Listed by 7th Generation Realty | |||
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REMODELERS DREAM!! Tomball Zoned for "Mixed Use", making this property perfect for either a home or a Commercial Office space. Giant Corner Lot with plenty of room for additional improvements, such as pavement/parking/etc. Easy and Straight forward remodel to finish out how you desire. Excellent Investment Opportunity as very few sites in Old Town Tomball are big enough to allow for this Scenario. Seller can design/assist/remodel if you are interested. Full Brick. 3 Bed and 2 Bath, with a large open Living area just off the Kitchen. Tomball Revitalization is underway. Don't Miss Out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017