706 N Della Avenue
About This Property
The area features a blend of renovated homes and new builds, making it attractive for homeowners and investors alike. Located within Tyler ISD, and just minutes from parks, schools, and everyday amenities, this lot provides both convenience and potential.
Buyer to verify zoning, utilities, building requirements, and availability of services. A great opportunity to secure land in a growing area of Tyler.
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Cap Rate Calculator
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, 2026 | Price Decreased |
$25,000
↓ $2K
(7.4%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$27,000
↓ $1K
(3.6%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$28,000
↓ $1K
(3.5%) | |
| Price Decreased | |||
| Mar 8, 2026 | Price Decreased |
$29,000
↓ $1K
(3.3%) | |
| Price Decreased | |||
| Feb 11, 2026 | Price Decreased |
$30,000
↓ $5K
(14.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017