TBD County Rd 1640
About This Property
The acreage features mature hardwoods and native pines, creek, abundant wildlife habitat, and approximately 70 feet of elevation change, creating attractive topography with multiple potential homesites on higher ground.
Bowie-Cass Electric Cooperative. Water availability should be verified WesternCassWSC. Septic required
Build, hunt, invest, or simply enjoy the outdoors, this versatile property offers outstanding potential. East boundary Conveniently located along US Highway 59 for your potential future development or ROI.
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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 6, 2026 | Listed by BWCARR REALTY | $168,000 | |
| Listed by BWCARR REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017