0 FM 1663
About This Property
The property features 3400 feet of FM 1663 frontage, 85 acres of pasture, and plenty of hardwoods and pine trees. It is also home to a variety of wildlife, including deer, hogs, and ducks.
The property has development potential, but it is also perfect for those who want to enjoy the peace and quiet of the country.
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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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| May 5, 2023 | Listed by Keller Williams Platinum | $3,004,050 | |
| Listed by Keller Williams Platinum | |||
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
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Last Updated: 3 years ago
Data Source: HAR , MLS# 30331750
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017