11010 281 Highway
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 |
|---|---|---|---|
| May 23, 2025 | Listed by Kirkpatrick Realty | $174,000 | |
| Listed by Kirkpatrick Realty | |||
| Mar 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 3, 2025 | Price Decreased |
$167,055
↓ $7K
(4.3%) | |
| Price Decreased | |||
| Dec 24, 2024 | Price Decreased |
$174,500
↓ $122
(0.1%) | |
| Price Decreased | |||
| Nov 7, 2024 | Listed by Kirkpatrick Realty | $174,622 | |
| Listed by Kirkpatrick Realty | |||
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STUNNING RANCHETTES WITH GREAT DIVERSITY AWAITING YOUR CUSTOM RANCH IMPROVEMENTS! Tract 2 offers a stock pond and partial treed canvas with abundant wildlife and native grasses. This 12.935 acre tract is ideal for your custom home or barndo build with several great building locations secluded among mature post oaks and live oaks. If you're a hunting or wildlife enthusiast, this property would be ideal for your weekend getaway within an hours drive of the DFW Metroplex. Conveniently located to the Cutting Horse Capital (Weatherford), the Historical Baker Hotel (Mineral Wells) and one of the most Iconic Lakes in the World (Possum Kingdom Lake). Imagine the evenings watching the sunset and the peaceful nights looking at the bright stars! Bring the horses, dogs and children and enjoy the country lifestyle!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017