6701 Weaver Road
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 |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Houston Center Real Estate | $65,000 | |
| Listed by Houston Center Real Estate | |||
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Three lots being sold, lot with building is 6,160 sqft and lot next to it is 13,440 sqft (per HCAD). Property has an old building that can be converted into a barbershop, hair salon or restaurant. Can be used for mixed-used new development or single family new construction. Area has a lot of new development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017