1550 Scull RD
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$515,000
↓ $24K
(4.5%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Mar 28, 2026 | Listed by Real Broker, LLC | $549,000 | |
| Listed by Real Broker, LLC | |||
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This property has it all, without any restrictions, and owner financing available! Skyline views of San Marcos, with wide open spaces all around! 400 feet frontage road allows you to add seperate entrances, start a business or subdivide using minor platting with our existing survey - Power poles run to the back with two existing meters - 2" water main and water line that runs the length of the property - Two separate functioning aerobic septic units (one in the front of property and one in the back) - Private front gate entrance - Fully fenced in perimeter with hog panel on 80% - Garden area fenced in the back approximately one acre - Two 40' HC shipping containers built into cabins on the back septic are open to offers - Blue container has a half bath, a full kitchen and laundry room -tan container has a master bed and bath suite. There is even a Kubota MX4800 tractor that can convey with an acceptable offer! This property is also associated with the adjoining 1492 Scull Road, and both can be purchased for a total of over 20 acres!
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| Mar 14, 2026 | Listed by Real Broker, LLC | $525,000 | |
| Listed by Real Broker, LLC | |||
| Aug 21, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017