1621 County Road 2235
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 |
|---|---|---|---|
| Aug 21, 2023 | No longer available | - | |
| No longer available | |||
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Relisted | $1,200,000 | |
| Relisted | |||
| Jun 15, 2023 | No longer available | - | |
| No longer available | |||
| Mar 30, 2023 | Listed by AmeriPlex Realty, Inc. | $1,200,000 | |
| Listed by AmeriPlex Realty, Inc. | |||
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This stunning 159-acre property boasts 4 tranquil ponds, a spacious barn, a well-equipped shop with electric, tractor barn with partial concrete slab and a shed for mowers, a convenient corral, and efficient working pens. Additionally, there is a cozy cabin to relax in and enjoy the breathtaking views. The property benefits from an ag exemption and features an impressive 1.7 miles of road frontage with three entrances. The 1800 sq ft house is a must-see, featuring beautiful pine walls and ceilings throughout. With 3 comfortable bedrooms and 2 baths, this home is perfect for relaxation. The kitchen comes complete with electric stove, oven, and dishwasher. Make this your new home in the country and enjoy peace and quiet. Buy this as your second home and weekend get away. Property is approximately 30 min from Paris, TX; very close to Oklahoma border and casinos. Amazon does deliver out here. Appox 2.5 hours from metroplex. Don't miss out on this incredible property! The manager has listed the unit size as 1800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017