0 County Road 643
About This Property
The farm is accessed via County Road 643, a quiet and paved drive off of county road 747. Property has water and power available at frontage, and a perc test has already been completed.
There are no restrictions and possibilities are endless.
Travel time to Cullman is 15 minutes and 10 minutes to the Shrine on Mulberry Fork.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by Southeastern Land Group, LLC | $74,790 | |
| Listed by Southeastern Land Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017