9380 US-87 S
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 |
|---|---|---|---|
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Apr 3, 2017 | Listed by Keller Williams Heritage | $1,250,000 | |
| Listed by Keller Williams Heritage | |||
| Mar 6, 2017 | Listed by Keller Williams Heritage | $1,250,000 | |
| Listed by Keller Williams Heritage | |||
| | |||
|
90 prime acres superbly located off of US Hwy 87 in between Loop 410 and Loop 1604. The property is undeveloped and the possibilities are endless. Currently AG exempt and leased for cattle grazing, seller willing to subdivide for specific use. Short commute to city amenities.
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| Feb 16, 2017 | Listed by Keller Williams Heritage | $1,250,000 | |
| Listed by Keller Williams Heritage | |||
| | |||
|
90 prime acres superbly located off of US Hwy 87 in between Loop 410 and Loop 1604. The property is undeveloped and the possibilities are endless. Currently AG exempt and leased for cattle grazing, seller willing to subdivide for specific use. Short commute to city amenities.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017