1475 County Road 2205 Road
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 |
|---|---|---|---|
| Nov 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | In contract | - | |
| In contract | |||
| Sep 3, 2021 | Listed by Live Water Properties, LLC | $5,850,000 | |
| Listed by Live Water Properties, LLC | |||
| Aug 7, 2021 | Listed by Live Water Properties, LLC | $5,850,000 | |
| Listed by Live Water Properties, LLC | |||
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An exquisite estate boasting spring-fed lakes and ponds, Spring Lakes Ranch is an exceptional property; 280 acres — including mature forests, productive hayfields, and ample hunting and fishing opportunities — offers a stunning modern farmhouse. Designed to amplify the property's ambiance of peaceful retreat, this luxurious oasis features a spacious living room with bespoke touches, including three Texas limestone fireplaces and mirror-backed wet bar. The expansive gourmet kitchen, with top-of-the-line appliances, is a chef's dream. A short drive E of Dallas to your very own private lake! The manager has listed the unit size as 4000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017