991 Fabens Island Road
About This Property
10 Acres had been used to plant Alfalfa, 6 Acres of 800 pecan trees and 400 pomegranate trees.
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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 |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by Realty Pros of El Paso | $589,000 | |
| Listed by Realty Pros of El Paso | |||
| May 10, 2007 | Sold | ||
| Sold | |||
| Oct 18, 2006 | Listed by EXIT REALTY-The Advantage | $424,900 | |
| Listed by EXIT REALTY-The Advantage | |||
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Great working farm with approx. 19 acres, completely fenced, horse stalls, hay barn, workshop, irrigations rights. A 3 bedrooms & 3 baths single story home. Septic tank, domestic well and more. Exit 49, Fabens, go South drive through town about 3.8 miles from the Freeway, turn righ on dirt road.
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About Fabens
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 812183
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017