7214 Highway 36 N
About This Property
But there is more.....a floored 10X15 shed with electricity and workbench, a sturdy over sized two car carport,sprinklers in flowerbeds, a fenced and cross fenced yard for pets or FFA projects, and a LARGE covered outdoor entertainment area with TV, BBQ pit and fire pit. 2365 SF, 1.46 acres. Conveniently located on Hwy 36 between Bellville and Brenham. Football season special-Ask for the outdoor TV to stay. Fire up the cooker - this party is about to begin.
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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 30, 2019 | Sold | ||
| Sold | |||
| Sep 30, 2019 | Listed by Keller Williams Realty HL | $215,000 | |
| Listed by Keller Williams Realty HL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017