16286 Cr 196
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Price Decreased |
$539,500
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Feb 23, 2024 | Listed by RE/MAX Properties | $549,000 | |
| Listed by RE/MAX Properties | |||
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Your private retreat awaits just minutes from Hwy 155! This recently updated, 1,736 Sq. Ft. home sits on 7.215 acres with 2 ponds. This property is what dreams are made of with it's Southern inspired design, front and back covered porches, and mature trees lining the property. This home was designed with privacy in mind. The current owners have added a custom built planting cottage, raised Cedar garden beds, and a new asphalt road from the gated entry to the home. Only minutes from Lake Palestine, medical, shopping, and dining, and if you need a big city adventure you can easily grab Loop 49 and head to Dallas!
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| Nov 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017