978 Cr 251 Street
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 15, 2026 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Listed by Full Stringer Realty | $185,000 | |
| Listed by Full Stringer Realty | |||
| Mar 25, 2025 | Listed | $185,000 | |
| Listed | |||
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Vacant lot in Matagorda awaiting a new home or barn or RV for your convenience. No deed restrictions. This lot is tucked away providing a bit of privacy from the main road. Buyer to hook up to community water and sewer or place a septic system on property and hook up to community water. Electrical is close. Fencing on two sides of the property with additional fill dirt on property. This is an oversized lot with .79 AC based on survey. Come and take a look as this may be the one for you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017