1501 County Road 109
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 |
|---|---|---|---|
| Jul 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 19, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by United Country - Heart of Texas RE | $699,000 | |
| Listed by United Country - Heart of Texas RE | |||
| Feb 9, 2024 | Listed by United Country - Heart of Texas RE | $699,000 | |
| Listed by United Country - Heart of Texas RE | |||
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This incredible 66 + or - acres is a turn key, hunter's dream paradise.The current owners have done many enhancements and improvements to the property including: deepening and expanding tank, drilling a new well to help feed it and protect it from droughts, hauled in beach gravel, built a new 16x35 RV carport with a new dedicated septic, and cleared many trails across the property while bringing in additional gravel for road work.The fully furnished 2 bed and 2 bath cabin can sleep up to 13 people with the additional loft space.There is a 20x20 shop and all throughout you will see a variety of oaks, elms and other trees.The wildlife boasts an abundance of whitetail deer, coyote, hogs, bobcats, quail, duck and turkey.There are 8 strategically placed blinds and 12 feeders. The tank is designed for duck hunting and to be a water source for wildlife during droughts paired with a wet weather creek. There are no shortages of activities nor opportunities to make incredible memories here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017