9893 Socorro Road
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 22, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Price Decreased |
$299,999
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jan 25, 2025 | Listed by Star Spangled Real Estate | $309,999 | |
| Listed by Star Spangled Real Estate | |||
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Nestled on over a quarter of an acre in the heart of Socorro, Texas, this unique property offers the perfect blend of space, comfort, and small-town charm. The main house features 4 bedrooms, 2 bathrooms, and over 1,900 square feet of living space, providing plenty of room for family and entertaining.
The detached guest house adds even more value, offering 2 bedrooms, 1.5 bathrooms, and its own cozy living area—perfect for extended family, guests, or even rental income potential. A spacious carport accommodates multiple vehicles, ensuring ample parking for both homes.
With its expansive lot and versatile layout, this property offers endless possibilities while embracing the quiet, welcoming feel of Socorro. Don't miss the opportunity to make this one-of-a-kind property your own!
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| Jul 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017