1536 New Hope 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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Century 21 First Group | $489,000 | |
| Listed by Century 21 First Group | |||
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by Remington Team Realty, LLC | $500,000 | |
| Listed by Remington Team Realty, LLC | |||
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Looking for a place to get away from all of the hustle and bustle of DFW while also saving money by NOT paying CITY TAXES? Look no further that this sprawling property! Relax with just the quiet sounds and sightings of nature when you call this 10 acre property home! This property boasts trees, a seasonal pond, and a well that could be made operational for lawn irrigation. Additionally, it has a four bedroom mobile home that provides plenty of room to stretch out along with a three car carport and a gazebo with an anti-glare weatherized TV. Live in the mobile home OR build your own dream home - with 10 acres, you have plenty of space to build any sized home (or homes) that you want and still have acreage left over. Electricity and water lines on-site. No known deed restrictions. Springtown ISD. At just $50k an acre, this property is a true bargain!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017