1098 County Road 3990
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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by United Country Cain Agency | $3,900,000 | |
| Listed by United Country Cain Agency | |||
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448 acre working Cattle Ranch in East Texas with fabulous furnished home, equestrian arena with 8 stalls & shop. Rolling topography with dramatic elevations. Excellent fencing with 70% improved pastures & 30% virgin timber. Water is a key asset with 3 aquifers, 2 live springs, all weather creek, 7 ponds, 2 wells + co-op water. Upscale home with 1600' covered veranda overlooking Infinity pool. No expense was spared in a major 2020 renovation. Updates include $100,000 Pella doors, complete new gourmet kitchen, new spa type primary bathroom, stone fireplaces & more. 33,600 sf covered equestrian facility has 8 stalls, 210x110 arena with 30' overhangs on both sides. 72x34 + overhangs workshop with separate entry.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017