159 Private Road 489
About This Property
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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 22, 2026 | Listed by WSW Realty LLC | $225,000 | |
| Listed by WSW Realty LLC | |||
| Feb 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 14, 2026 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Dec 6, 2025 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by William Weaver | $300,000 | |
| Listed by William Weaver | |||
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Ready to build your ranch house? This beautiful 10-acre property in the growing City of Dayton, Texas, offers the perfect mix of space, privacy, and convenience. Ideally located just minutes from SH-99/Grand Parkway, Highway 90, and Highway 146, the land provides easy access while still offering peaceful country living. The property features a water well, electricity, and a shop for storage, giving you a strong head start on development. The sellers are motivated and open to working with a serious buyer, making this an excellent opportunity to secure a versatile piece of land for your future home, retreat, or ranch project.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017