4
Map
616B Shirley Street
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Olympic Realty LLC | $18,999 | |
| Listed by Olympic Realty LLC | |||
| Apr 3, 2025 | Price Decreased |
$15,750
↓ $3K
(14.6%) | |
| Price Decreased | |||
| Jan 31, 2025 | Price Decreased |
$18,450
↓ $2K
(10%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed by Olympic Realty LLC | $20,500 | |
| Listed by Olympic Realty LLC | |||
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Build your new home on this prime vacant lot in Eagle Lake, Texas! Located at 616A Shirley St, this completely cleared property has access to city utilities, including water, sewer, and electricity. Zoned R-2, for single-family, two-family, and multi-family residential development. Enjoy easy access to nearby highways, including Hwy 301, Hwy 90 Alt, and FM 102, in this charming Colorado County town. With no HOA fees, enjoy freedom and flexibility. Property is not in the flood zone! Buyers should confirm with the City of Eagle Lake regarding any restrictions, variances, or specific requirements for building.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017