9805 State Highway 171
About This Property
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Aug 7, 2025 | Price Decreased |
$220,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by Real Texas Realty LLC | $225,000 | |
| Listed by Real Texas Realty LLC | |||
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THREE FULLY OCCUPIED UNITS, all covered under a single lease agreement through March 2026, providing hassle-free management and steady cash flow. The unique property is the ULTIMATE TURNKEY INVESTMENT with reliable rental income! Whether you're looking to expand your portfolio or secure your first income-producing property, this is a rare opportunity to step into an already stabilized investment. With tenants in place and long-term lease security, you can start earning from day one. Don't miss out on this low-maintenance, high-potential property—perfect for investors seeking immediate returns and peace of mind. Seller financing option available!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017