1001 E State Highway 276
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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%.
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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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Exit Realty Pinnacle Group | $689,500 | |
| Listed by Exit Realty Pinnacle Group | |||
| Aug 10, 2024 | No longer available | - | |
| No longer available | |||
| May 4, 2024 | Listed by CENTURY 21 Upchurch Real Estat | $937,500 | |
| Listed by CENTURY 21 Upchurch Real Estat | |||
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Looking for the Perfect Property to Develop! Residential, Commercial or Light Industrial! Current use is residential with two manufactured homes that sits on the back portion of the property. City Sewer and City Water with pump station. One double wide is 1296 sq ft and the other double wide is 2,304 sq ft. Approximately 400 +- of Hwy 276 Road Frontage and First 200' of 19.48 +- acres can be used Commercially. Pond, partially fenced and cross fenced, barn and storage building. The area is Zoned Light Industrial and would be perfect for warehousing, distribution or assembly. Close to Lake Tawakoni, the Golf Course and The City Park. Check with the City of West Tawakoni on any zoning or development questions.
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About West Tawakoni
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Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 20807170
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017