Bosque County known as Top of the Hill Country sits a magnificent
1,200 sq ft ranch house on 5 acres. A metal construction shop,
detached garage 750 sq ft., Shop is fully insulated, 1 walk-in
door, 1 roll up door, has 220 wiring, water facet near. In
the gated 1,000 acre Crossbow Ranch, offering the residents
the feeling of owning a large ranch. Members own an undivided
interest while owning acreage. Amenities are full access onto
the 650 acres, skeet shooting range, 300-yard rifle range, 30
deer stands, feeders, food plots, a walk-in cooler, golf driving
range, ATV, hiking and horse riding trails. The ranch is heavily
wooded with vegetation supporting the wildlife. Multiple creeks run
through the ranch filling 3 ponds, bring your fishing pole,
providing vegetation to support the wildlife. Other amenities
available to your family & friends. Enjoy photographing trophy
white-tail deer, black bucks, axes deer, turkey and dove, with 30
enclosed observation blinds for photography, deer stands, feeders,
food plots, deer cleaning station with walk-in cooler, 300 yard
rifle range, skeet range outfitted with a high house and low house,
pistol range, golf driving range, ATV riding, hiking trails, a
clubhouse for meeting and special events. all maintained by the HOA
Association. This property is NOT an authorized hunting lot.
However, make a friend or buddy that is.
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.
Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Washer, Plumbed For Gas in Kitchen
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