123 Abbey LN
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$275,000
↓ $74K
(21.2%) | |
| Price Decreased | |||
| Jul 18, 2026 | No longer available | - | |
| No longer available | |||
| Jul 17, 2026 | Listed by Watters International Realty | $349,000 | |
| Listed by Watters International Realty | |||
| Jun 13, 2026 | Price Decreased |
$200,000
↓ $149K
(42.7%) | |
| Price Decreased | |||
| Jan 26, 2026 | Listed by Watters International Realty | $349,000 | |
| Listed by Watters International Realty | |||
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Bring your dreams and plans to this property. Set on 7.69 beautifully surveyed acres, this property has been thoughtfully cleared to create an ideal homesite while maintaining the natural charm of the land.
This lot is nestled between two Texas state parks and is in a desirable location. In just a moment, the future homeowners can ride their bike, run or hike the miles of state park roads and paths just down the road.
Majestic cedar and oak trees frame a tranquil pond, offering a serene focal point and a perfect backdrop for relaxing outdoor living. Selective clearing will enhance open, usable space while preserving shade and privacy.
Approximately 1/2 of the acreage is already fenced, providing added functionality for animals or future plans. With convenient access from a newly paved county road, this property is well-suited for a custom home builder or anyone dreaming of a peaceful country retreat with room to grow, roam and enjoy the outdoors. This property has water and power already installed and is operational. The lot has favorable land grading that very usable and is just right with many locations to place a house, workshop and more.
This lot beckons to be used with room enough for raising children, peaceful gardening, enjoying ones animals and more.
Come and visit this property and begin your journey of country living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017