13498 County Road 404
About This Property
96.0 + - acres located in Callahan County complete with a 3-bd, 2 bath Barndo. complete with a large loft, covered front & back porches as well as a 1 car garage & 2 car covered carport. Large Living Room with fireplace open concept, master bath has a jetted tub & separate walk-in shower. The property is covered in mainly post oak, with a few pecan trees & plenty of wild plum for the wildlife which includes Whitetail, Hogs, Coyote, Dove & there is a tank (pond) at the front of the property close to the house. The property is very secluded, but it is only about 4 miles from Cross Plains. When you get to the property you feel like you are away from any town just because of the location of the property. You and your family, or your hunting buddies will be very comfortable in the house & will not need to rough it.
Come and see for yourself as this property is probably just what you are looking for.
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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 |
|---|---|---|---|
| Jul 19, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by Trinity Ranch Land | $737,855 | |
| Listed by Trinity Ranch Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017