987 N State Highway 94
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Home Sweet Home RE Group | $175,000 | |
| Listed by Home Sweet Home RE Group | |||
| | |||
|
Welcome Home to your little piece of paradise in East Texas, also known as Groveton! This adorable home has many updates, sits on just under an acre and is ready for a new family to call its own. As you walk in the door you will see the new laminate flooring throughout the entire home, absolutely no carpet. The inside is light and bright with the kitchen being the showstopper! Equipped with a brand new gas oven that has a built in air fryer, a new microwave, and sleek white cabinets, it is the perfect place to cook a nice meal. Outside you will find a covered patio attached to a storage room, great for spending time enjoying the outdoors and admiring the beautiful pines all around you. Icing on the cake is the detached 2 car carport with space for just about any size vehicle. You have to see this place to believe it, make an appointment today!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017