631 N YARBROUGH Drive
About This Property
The property features a strategic corner location with direct frontage on both Loop 375 and Yarbrough Drive, ensuring maximum exposure and accessibility. Daily traffic volumes exceed 190,000 vehicles on Loop 375 and range between 15,000 and over 30,000 vehicles on Yarbrough, providing outstanding visibility for any future development. The site consists of 5.29 acres of level, vacant land, offering a true blank slate with no demolition or remediation required.
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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 15, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Cap Rate Real Estate Group | $568,000 | |
| Listed by Cap Rate Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017