17
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839 Neans DR
About This Property
While the home could benefit from some cosmetic updates, the major value lies in its versatile layout, generous square footage, and prime location. Whether you're looking to renovate and build equity, create a strong cash-flowing investment, or customize it into your own vision, this property presents a rare opportunity.
With comparable renovated properties commanding significantly higher values, this is your chance to unlock the home's full potential. Conveniently located near The Domain, Q2 Stadium, major employers, shopping, dining, and easy access to Mopac, I-35, and Hwy 183.
Bring your vision and discover the upside this property has to offer!
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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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$399,000
↓ $80K
(16.7%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$479,000
↓ $71K
(12.9%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Spyglass Realty | $549,990 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017