Lot 1 Pluto Road
About This Property
Don't miss this well priced parcel.
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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 |
|---|---|---|---|
| Dec 4, 2025 | Listed by Hi View Real Estate | $249,900 | |
| Listed by Hi View Real Estate | |||
| Dec 2, 2025 | No longer available | - | |
| No longer available | |||
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | Listed by Keller Williams Realty | $440,000 | |
| Listed by Keller Williams Realty | |||
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Discover the endless potential of this expansive 39 acre tract, ideal for a variety of uses. Nestled in a picturesque setting, this property features rolling terrain adorned with mixed native grasses and a scattering of trees, offering a natural and serene environment. Whether you envision a private retreat, recreational space, or future development, this property provides a versatile canvas in a scenic and accessible location. Don’t miss the opportunity to own this remarkable piece of land with unique features and boundless possibilities.
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| Aug 16, 2023 | Listed by Hi View Real Estate | $249,900 | |
| Listed by Hi View Real Estate | |||
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Beautiful south Ellis County land near Milford. This is the perfect place between Dallas & Waco for an outstanding farmstead. With 13 acres, one can have horses, cows, chickens, goats, etc. in a serene picturesque area. The acreage slopes from North to South with many different build sites. Also, because of the slope and a small draw, one could build a great pond for the animals or recreation. The property is lined with trees, but overall the center has a few trees with great pasture land. Milford has a delightful school district and the City appears to be the next busy exit off of I35. Come on down to the country just a short drive from DFW. This is for Lot 1.
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Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21125505
Details provided by NTREIS and may not match the public record
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