Tract 1 Hwy 36
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 |
|---|---|---|---|
| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Price Decreased |
$68,990
↓ $6K
(8%) | |
| Price Decreased | |||
| Sep 30, 2023 | Listed by ECMC, Ltd dba Keller Williams Realty | $75,000 | |
| Listed by ECMC, Ltd dba Keller Williams Realty | |||
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Highly desirable acreage located on Hwy 36 near Rising Star. This scenic location offers lightly wooded land with mature trees. There is plenty of wildlife on the property including deer and hogs. Build your homestead amongst the open acreage. Located in the country with road frontage on Hwy 36, easy access to I20, and close to small town amenities. No deed restrictions or city taxes. Owner financing available, call for details. More acreage is available and can be combined or purchased separately: MLS# 20434928 and 20434717.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017