15
Map
707 Commerce St
About This Property
Listed By
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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 |
|---|---|---|---|
| Apr 13, 2026 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Keller Williams Heritage | $399,000 | |
| Listed by Keller Williams Heritage | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
| Jul 14, 2025 | Listed by Texas Premier Realty | $399,000 | |
| Listed by Texas Premier Realty | |||
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Incredible triangular lot located at the traffic light intersection of Hwy. 97 and Commerce St. The property is also fronted by 4th street making access to this property supreme. If you are looking for high traffic and visibility for your drive thru or corner store, this is the place.
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| Jun 2, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017