0 County Road 41
About This Property
Property is accessed via paved Co. Rd 41 and has power at the road frontage and a water meter currently in place. Kemp Branch dissects the tract east to west and provides year-round enjoyment of a rock bottom stream.
Topography varies, and the tract has several nice spots for a future private homesite tucked away from the road frontage. Timber make up reminds one of Bankhead National Forest (located 1/4 mile west as the crow flies). A majority of the property is a young hardwood stand with various species of oaks, hickories, and poplar. There are a couple of nice pine ridges overlooking hardwood bottoms. Understory is clean and clear with long sight lines and easy hiking and walking.
The acreage is located minutes north of Addison, 30 minutes west of Cullman, and 45 minutes south of Decatur.
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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 4, 2026 | Listed by Southeastern Land Group, LLC | $71,999 | |
| Listed by Southeastern Land Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017