9
Map
1499 County Road 311 DR
About This Property
Located in a very fast growing location, very close to Ronald Reagan planned extension. The possibilities are endless.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$999,999
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Increased |
$1,200,000
↑ $201K
(20.1%) | |
| Price Increased | |||
| Oct 13, 2025 | Listed by Fathom Realty | $999,000 | |
| Listed by Fathom Realty | |||
| Aug 9, 2025 | Listed by Fathom Realty | $999,900 | |
| Listed by Fathom Realty | |||
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This prime 11.219000 acres lot is a perfect, blend of space, potential and convenience with a rectangular shaped. Located in a very fast growing location, very close to Ronald Reagan planned extension.
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Listed Office: Fathom Realty - Listing courtesy of Unlock MLS
Phone: (888) 455-6040
Last Updated: 2026-09-29 04:03:30
Data Source: Unlock MLS, MLS# ACT4050595
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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