7509 Cele Rd
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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 |
|---|---|---|---|
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 5, 2023 | Listed by Citrus City Realty LLC | $1,649,000 | |
| Listed by Citrus City Realty LLC | |||
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Beautiful unimproved property of approximately 10 acres. Outside of Pflugerville City Limits but in the City of Pflugerville ETJ. Near many new housing subdivisions, Pflugerville schools, and parks. Perfect opportunity for a small developer with the right vision for this property. The property has water service from Manville Water Supply Corporation with a 1" meter at the front of the property (Please see documents for details). Electricity is available. Near shopping centers, major roads, and TX 130 toll road. No sewer is currently available. Buyer to verify all information.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed | $1,700,000 | |
| Listed | |||
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Excellent opportunity in RAPID GROWTH AREA. Just a short drive, (approx. 4 miles) from State Highway, (SH 130)/ State Highway 45 intersection, not far from the recently announced Amazon fulfilment center, Tesla, near and adjacent to multiple large residential subdivisions, retail, and industrial developments, convenient to local Elementary, Middle and High Schools. Pflugerville ETJ. Approx. 232 ft Cele Rd frontage. 16 in water line at street, electric meter on property. Level and ready to build. Land is currently ag exempt. Great commercial/ mixed use potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017