62 Road 5130
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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$39,900
↓ $5K
(11.3%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by Keller Williams Realty Northeast | $45,000 | |
| Listed by Keller Williams Realty Northeast | |||
| Aug 21, 2024 | Listed | $79,000 | |
| Listed | |||
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Discover endless possibilities with this stunning .45-acre lot in the serene Santa Fe neighborhood, Cleveland, TX. Nestled in a quiet, family-friendly community, this spacious property offers the perfect canvas for building your dream home or investment project. Whether you’re envisioning a charming single-family home, a modern modular home, or a cozy tiny house, this lot provides ample space to design a residence tailored to your lifestyle. The lot’s generous size allows for a large backyard, perfect for gardening, outdoor entertaining, or adding a pool. Alternatively, you could explore energy-efficient construction or sustainable living options, such as solar-powered homes or eco-friendly landscaping. Minimal restrictions.
Benefits of Living in Santa Fe, Cleveland TX:
Peaceful Living, Proximity to Nature, Family Friendly Environment
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017