24
Map
649 Nemitz Street
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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 1, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Offerpad Brokerage, LLC | $299,900 | |
| Listed by Offerpad Brokerage, LLC | |||
| Jan 28, 2026 | No longer available | - | |
| No longer available | |||
| Dec 19, 2025 | Listed by Mark Spain Real Estate | $300,000 | |
| Listed by Mark Spain Real Estate | |||
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Located in a quiet Crowley neighborhood, this single-family home at 649 Nemitz St offers a solid opportunity for homeowners and investors alike. The property is in fair condition and features a functional layout with comfortable living space, making it ideal for a first-time buyer, rental hold, light renovation project. With a spacious lot, established surroundings, and convenient access to schools, shopping, and major roadways, the home provided livability and long term potentials. Whether you're looking to move in and make updates over time or add value through improvements, this property presents a versatile and affordable option in a growing area of Crowley, Texas.
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Property Highlights
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About Crescent Springs Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017