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16 247th Street E
About This Property
Looking for a property to start your agricultural business? This 2.47-acre lot in Llano, California, is the one for you! This flat terrain property has access to dirt roads and is zoned Heavy Agricultural so that you can start your agricultural business without restrictions. And it gets better – the Sorensen Community Regional Park is only 29 minutes away. Enjoy the playgrounds, sports fields, 14,000 sq ft gymnasium, picnic tables and much more! With owner financing available, your farming dreams are just within reach!
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Dalton Real Estate | $2,890 | |
| Listed by Dalton Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017