0001 Highway 67
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 |
|---|---|---|---|
| Aug 17, 2024 | No longer available | - | |
| No longer available | |||
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 16, 2024 | Listed by Heritage Land Company, LLC | $155,000 | |
| Listed by Heritage Land Company, LLC | |||
| Sep 30, 2023 | Listed by Davis Mountains Realty | $1,150,000 | |
| Listed by Davis Mountains Realty | |||
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50+/- Acres off of Hwy 67, two miles south of Marfa. Vast and sweeping views, several structures, fencing, barn, many additional outbuildings, electricity throughout, water well (ran on both solar and electric) and several septics, Land is Ag Exempt and has Hwy frontage as well as a nice creek on the north end. No POA and no restrictions, just amazing views and peace and quiet! Home to the little cabin from the film "There Will Be Blood" for a little conversation piece! Nice property! The manager has listed the unit size as 1300 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017