6320 State Highway 150 W
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 14, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by RE/MAX The Woodlands & Spring | $647,500 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Unrestricted Subdivided Acreage Available for Endless Opportunities! +/-35.97 Acres of Land with approx. 534 Ft of HWY 150 Frontage. Gated Entry to access the property. This could become your home away from home Leisure Ranch,Investment Property, Development,or just a Getaway Spot! Land could be income producing with the Hay fields. Hardwood to be removed. You could sublease the land for local folks that run Cattle, Horses, etc! Property is only approx. 40 minutes from The Woodlands! Make an appt today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017