1495 County Road 614
About This Property
Home is a very comfortable 3 bedroom, 2 bath with spacious living room, great kitchen and utility room with sink. Home has an attached 2 car carport with multiple storage areas. Exterior is brick with metal roof making exterior virtually maintenance free. Large oak trees shade the yard. Other amenities include large equipment shed, nostalgic barn and cattle pens. Water well very strong and is documented to produce 60 gpm.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 10, 2022 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Janette Padgett Real Estate | $1,460,000 | |
| Listed by Janette Padgett Real Estate | |||
| | |||
|
Amazing ranch property that offers comfortable home, great hunting, grazing, fields and both approx half mile of amazing Cowhouse Creek! There are multiple areas where you can walk down to the water. This rock bottom and some say spring fed creek has kept deep holes of water despite lack of recent rain fall. Water is clear and fish can be seen in the deeper holes. Beautiful pecan trees flank the creek along with live oaks and elms. Deer and turkey hunting is second to none in this area and deer were seen multiple times while taking photos.Home is a very comfortable 3 bedroom, 2 bath with spacious living room, great kitchen and utility room with sink. Home has an attached 2 car carport with multiple storage areas. Exterior is brick with metal roof making exterior virtually maintenance free. Large oak trees shade the yard. Other amenities include large equipment shed, nostalgic barn and cattle pens. Water well very strong and is documented to produce 60 gpm.
| |||
| Mar 7, 2021 | No longer available | - | |
| No longer available | |||
| Feb 23, 2021 | Listed by Davidson Craig Real Estate | $1,171,293 | |
| Listed by Davidson Craig Real Estate | |||
| | |||
|
It is not very often you have an opportunity to purchase a property that has both sides of Cowhouse Creek. Cowhouse Creek is considered one of the largest creeks in Hamilton County and is known to be a very scenic, rock bottom creek. This property is approximately 50% of good timbered country and 50% of some of the most fertile farm ground in the county. The timbered ground consist of large Live Oak trees and large Pecan trees. There is also a lot of ground cover that host as great bedding areas for the abundant wildlife (including whitetail deer, hogs, turkey, etc). The Seller still occupies the home that sits on the property. The home seems to be a solid, well kept, brick, 3 bedroom, 2 bath, with approximately 1,971 sq ft of living area. The home has central heat and air, metal roof, and includes a two car attached carport. The house is connected to a water well and a septic tank. The 2020 property taxes were $2,594.35 and Seller is willing to convey 50% of the owned mineral rights. From Hamilton take Hwy 36 west approximately 1/2 mile, turn left on FM 218, go approximately 10 miles and turn left on CR 614, go approximately 1/2 mile an property starts on the left. The manager has listed the unit size as 1971 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017