1001 Tolar Cemetery Road
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 |
|---|---|---|---|
| Sep 20, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Keller Williams Brazos West | $359,000 | |
| Listed by Keller Williams Brazos West | |||
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Hard to find acreage in Tolar with no restrictions. 11.2 acres, Coastal, native grass and trees, this acerage has a barn and loafing shed on it, with working pens and cattle chute. Well and on site septic system. Pecan and hardwood trees scattered throughout the crossfenced land. This property is in Tolar School district and close to town. Easy access, has electricity on the property. Storm shelter is on the property, at one time this property had 2 homes on it and one was torn down and the current mobile home is untenable. This property can be subdivided by new owners or designed for family members to build on with you. Check out this beautiful piece of tranquility and live the country life.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017