1170 County Road 284
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 29, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by AEA Realty, LLC | $230,000 | |
| Listed by AEA Realty, LLC | |||
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Welcome to 1170 County Road 284 in Alvin, TX — a fantastic opportunity to own a home on a sprawling 57,935 sq ft lot! This 3-bedroom, 1-bath property offers 1,032 sq ft of living space and is full of potential. With a little TLC, this home can be transformed into your ideal country retreat or a smart investment property. The expansive backyard provides endless possibilities — from outdoor entertaining to gardening, building additional structures, or simply enjoying the peace and quiet of wide open space. Whether you’re looking for a project to personalize or a spacious lot to build your dream vision, this property offers both value and versatility. Nestled in a serene location with easy access to Alvin’s amenities, this home is a rare find at an attractive price. Don’t miss the chance to bring your vision to life — schedule a showing today and explore all the possibilities this property has to offer!
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| Apr 27, 2025 | Listed | $244,999 | |
| Listed | |||
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Cozy home on 1.33 Acres-Great opportunity! This three beds/one bath home sits on a spacious lot, offering plenty of room to enjoy and expand. The large lot provide endless possibilities-gardening, outdoor fun, or future projects. Conveniently located in the heat of Alvin with easy access to shopping centers, restaurants, schools, medical facilities and major freeways to connect you to the heart of the city and beyond! Buyers and buyer's agent are responsible for independently verify, home measurements, zoning, taxes, school districts. Don't miss out this opportunity to call this beauty your home. Schedule your showing today!
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| Dec 12, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017