1001 County Road 2738
About This Property
Imagine the possibilities on this clean land where dreams can flourish! While there's an incomplete house with 4 bedrooms and 3 baths, the true value lies in the land-perfect for those who envision building a custom home or developing an investment property. However, approach cautiously, as there is currently no electricity and construction is unfinished. The seller is ready to hand over this gem without the hassle of completing it, giving you the freedom to bring your vision to life! Don't miss out-this opportunity won't last long! Tap the link in our bio for more details and seize your dream today! The property is only eligible for a cash offer or owner financing, which is available. #CaddoMillsRealEstate #InvestmentOpportunity
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 8, 2025 | Listed by Realty Preferred DFW | $289,000 | |
| Listed by Realty Preferred DFW | |||
| Mar 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 22, 2025 | Price Decreased |
$279,950
↓ $40K
(12.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017