1008 County Road 221 - 4 Acres
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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Home & Ranch Real Estate | $465,000 | |
| Listed by Home & Ranch Real Estate | |||
| Sep 6, 2023 | No longer available | - | |
| No longer available | |||
| Aug 21, 2023 | Listed by Home & Ranch Real Estate | $299,500 | |
| Listed by Home & Ranch Real Estate | |||
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Minutes to A&M Rellis Campus and an easy commute to BCS area - The property is just off of Hwy 21/Presidential Corridor and less than a mile down paved County Road 221. In addition to convenience, the property includes a comfortable 3 bedroom 2 bath brick home on 4 acres offering nice space for 4H projects or pets that need space to roam. The property is fenced and and crossed fenced. With some added TLC, the home could be the small country escape you've been looking for! The manager has listed the unit size as 1520 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017