9002 Mullins Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Compass RE Texas, LLC | $250,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to Maplewood! A deed restricted community of 523 single-family, 1-2 story homes, built starting in the mid-1950s, with burgeoning new construction. This 9,043 SF corner lot has been cleared and is ready for construction of your new home across from Gail Reeves Park. Zoned to Bellaire HS and just 2 blocks from Congregation Beth Israel.
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| Apr 29, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Cutis Lawson, Broker | $199,999 | |
| Listed by Cutis Lawson, Broker | |||
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Vacant lot zoned to Bellaire HS, cleared and ready for new construction! This CORNER lot is right across the street from Gail Reeves Park and only a block from Herod Elementary. Two blocks to the Shlenker School and Congregation Beth Israel. Plans are available for a 4,300 square foot new home by CRAFTED Custom Homes (plans are not included with lot purchase unless CRAFTED builds the home, but can be previewed). Current topographic survey and soil reports included with sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017