11960 County Road 672
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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Glasco Commercial Real Estate | $450,000 | |
| Listed by Glasco Commercial Real Estate | |||
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60.9 acres of beautiful property with a treed perimeter, mixture of open cultivated land & heavily treed land, a nice pond and Bear Creek running through the eastern part of the property. Road frontage on both CR 1100 and CR 672 and immediate accessibility to FM 981, located just over a half mile east of the property. Ownership has cleared the northwest part of the property and improved the gated access point off of County Rd 672 creating multiple building sites across a unique hardwood backdrop. This portion of the property is leased to and worked by a farmer with the intention of ultimately obtaining an ag tax exemption. The property is situated in Collin County outside any city limit or ETJ.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017