1368 Co Country Meadows
About This Property
Legacy Ranch sits on the Long Bend of the Brazos River just as it pours into Possum Kingdom Lake. Approx. 2.5 miles of BRA River frontage. 188 Deeded acres and is surrounded by approx. 225 acres of private Brazos River Authority Land (BRA). This a a rare find and a great opportunity for the Sportsman. The ranch has abundant lodging for large families or groups. The property boasts two log cabins, a small farmhouse and a finished out Army barrack for large groups to enjoy. New large stock tank is being completed. Beautiful large live oaks trees are throughout the property. Broker is part owner in the property.
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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 |
|---|---|---|---|
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2021 | In contract | - | |
| In contract | |||
| Dec 20, 2021 | No longer available | - | |
| No longer available | |||
| Dec 20, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017