92
Map
12604 CHOCTAW TRAIL
About This Property
This charming home has been cherished by the seller's family for many years, filled with countless memories. With plenty of potential and opportunities for income, this property is waiting for you to make it your own! Nestled within mature landscape, this property offers a perfect blend of tranquility and convenience. If you're you're someone who appreciates the peace of rural living, this home provides the ideal setting.
Despite its rural charm, this home is conveniently close to local shops, schools, and healthcare facilities, providing the perfect balance between rural serenity and everyday necessities.
This unique property is more than just a home; it's a lifestyle opportunity. There are possibilities for customization as the property's Agricultural-Residential zoning provides flexibility for various projects that can generate income or simply enhance your quality of life.
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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 |
|---|---|---|---|
| Nov 6, 2025 | Price Decreased |
$729,000
↓ $40K
(5.2%) | |
| Price Decreased | |||
| Oct 25, 2025 | Price Decreased |
$769,000
↓ $131K
(14.6%) | |
| Price Decreased | |||
| Aug 17, 2025 | Listed by REALNET BROKERAGE | $900,000 | |
| Listed by REALNET BROKERAGE | |||
| Oct 15, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017