Fm Road 1389
About This Property
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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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Oct 30, 2023 | Listed by Nicholson Premier Realty | $189,000 | |
| Listed by Nicholson Premier Realty | |||
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Great opportunity to own almost 2.5 acres of open pasture Residential Acreage with trees AND road frontage in Combine in the highly sought after Crandall ISD! This site provides many uses with its functional rectangular shape and adequate frontage. Perimeter of property is fenced. For Sale sign is on the lot at the gate. Please take note this land has no address yet.
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| Aug 3, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by RE/MAX Landmark | $1,200,000 | |
| Listed by RE/MAX Landmark | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017