0 Private Road 648 Street
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 |
|---|---|---|---|
| Oct 16, 2026 | No longer available | - | |
| No longer available | |||
| Mar 6, 2026 | No longer available | - | |
| No longer available | |||
| Oct 16, 2025 | Listed by Birdsong Real Estate | $395,000 | |
| Listed by Birdsong Real Estate | |||
| Mar 5, 2025 | Listed | $425,000 | |
| Listed | |||
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This 25-acre wooded property, bordered by two large ranches, offers excellent bow hunting for trophy deer in a private gated community. Included with your HOA membership is access to Cedar Lake Creek with a community boat ramp and pier, ideal for fishing (trout, redfish, catfish, and large gar) and crabbing in season. Property includes a multitude of accessories (camper, tractor, feeders, etc.). Property is 8 miles from Sargent which allows for bay fishing. Lake Jackson (22 mi.) and Bay City (15 mi.) are easily accessible for restaurants, shopping and non-water recreational activities.
This property is a blank canvas. Whether you envision it as a weekend getaway, a seasonal retreat, or a year-round residence, the possibilities are endless. You might build a cozy cabin, create trails for hiking and riding, or develop areas for family gatherings. Your dreams and creativity can transform this property into a bespoke sanctuary that reflects your passions and lifestyle.
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| Jul 6, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017