11121 US Highway 67 #84
About This Property
PROPERTY HAS 4 OIL WELLS ON PROPERTY. LAND OWNER HAS NO MINERIALS, BUT LEASE CAN BE BOUGHT CALL AGENT FOR DETAILS. THE LEASE MAKES ABOUT 1-2 BARRELS PER DAY BUT WITH SOME WORK THEY COULD MAKE 5-6 BARRELS PER DAY.
YOU CAN RUN LIVESTOCK ON THE PROPERTY AND ONLY ONE PART IS AVAILABLE TO PUT A STRUCTURE ON IT WHICH WOULD BE APPROXIMATELY 100' X 150' AS SHOWN ON MAP IN TRANSACTIONS ATTACHED. OWNER SAYS MAKE OFFER.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 23, 2024 | Relisted | $61,000 | |
| Relisted | |||
| Jul 25, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 3, 2024 | Listed by Tootie Kelly Real Estate | $61,000 | |
| Listed by Tootie Kelly Real Estate | |||
| | |||
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10.08 ACRES WITH CR ROAD FROTAGE ON CR 175 AND FRONTAGE ON HWY 67. HAS BROOKESMITH WATER METER AND ELECTRICTY AVAILABLE
PROPERTY HAS 4 OIL WELLS ON PROPERTY. LAND OWNER HAS NO MINERIALS, BUT LEASE CAN BE BOUGHT CALL AGENT FOR DETAILS. THE LEASE MAKES ABOUT 1-2 BARRELS PER DAY BUT WITH SOME WORK THEY COULD MAKE 5-6 BARRELS PER DAY.
YOU CAN RUN LIVESTOCK ON THE PROPERTY AND ONLY ONE PART IS AVAILABLE TO PUT A STRUCTURE ON IT WHICH WOULD BE APPROXIMATELY 100' X 150' AS SHOWN ON MAP IN TRANSACTIONS ATTACHED. OWNER SAYS MAKE OFFER.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2026
| |
Loft
|
-
|
-
|
$62,000
Loft
-
|
$48,000
-22.58%
04/24/2026
|
Sheri Wells
Keller Williams Realty
|
|
07/03/2024
|
Loft
|
-
|
-
|
$67,500
Loft
-
|
-
-
|
Tootie Kelly
TOOTIE KELLY REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017