7901 Old Hwy 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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Feb 3, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by RE/MAX Land & Homes | $434,000 | |
| Listed by RE/MAX Land & Homes | |||
| | |||
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Inez Texas is the place to be because it features this three bedroom three bath ranch style home found on 1.67 tree shaded acres. Located in the highly desired Industrial School District not to mention this happy residence offers an unparalleled atmosphere. Downstairs features the great room with custom built-ins and a wood burning fireplace open to breakfast area that has tons of windows for that view and natural lighting, nice sized kitchen with gas range and built-in oven as well. Large laundry room that is also plumbed for a toilet, a study which could easily be a fourth bedroom. Upstairs complete with three large bedrooms, all with huge walk-in closets. This is a must see! Love the sound of country in this grand backyard including a 16 X 30 workshop plus 16 X 12 storage building.
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| May 11, 2023 | No longer available | - | |
| No longer available | |||
| Apr 15, 2023 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017