62 Road 5136
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 |
|---|---|---|---|
| Aug 31, 2024 | No longer available | - | |
| No longer available | |||
| Aug 30, 2024 | Listed by RA Brokers | $95,000 | |
| Listed by RA Brokers | |||
| Feb 8, 2024 | Listed by United Real Estate | $95,000 | |
| Listed by United Real Estate | |||
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Great opportunity to purchase and build your custom dream home! This 35,283.60 SF (0.81 acre lot) is situated on a cul-de-sac lot with utilities already in place. Conveniently located in a quiet but up and coming area with quick access to Grand Parkway & Lake Houston Wilderness Park. Custom home builders have already started developing in this area. Santa Fe Subdivision is a proposed master plan community that will consist of 30,000-lot residential and mixed-use community. Santa Fe is in Cleveland, Texas in the County of Liberty. (Adjacent Lot is Available). Don't miss this opportunity - Schedule a visit today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017