9492 Us Highway 59 N
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Texas Realty Unlimited, LLC | $25,000 | |
| Listed by Texas Realty Unlimited, LLC | |||
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.24 cleared acres, multiple opportunities with this tract sitting with approximately 91' of frontage on HWY 59 North in Leggett Texas. Electric pole on site. Aerobic Septic System on site. Inherited property so seller knows nothing about condition of system. Build a home or whatever your heart desires here. Located about 10 minutes North of Livingston and 30 minutes from Lufkin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017