166 Private Road 1387
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 |
|---|---|---|---|
| Oct 12, 2026 | Listed by Keller Williams Brazos West | $225,000 | |
| Listed by Keller Williams Brazos West | |||
| Aug 7, 2026 | No longer available | - | |
| No longer available | |||
| Jun 18, 2026 | Listed by Texas Premier Realty | $240,000 | |
| Listed by Texas Premier Realty | |||
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Escape to the peace and privacy of country living on this beautiful 5-acre property in Bosque County. Tucked away at the end of a gravel road, this 3-bedroom, 2-bath all-electric manufactured home offers 1,568 square feet of living space surrounded by nature, mature trees, and abundant wildlife. The property provides a secluded setting with plenty of room to enjoy the outdoors, garden, keep animals, or simply relax and take in the tranquil surroundings.
The home features a functional floor plan and offers a great opportunity for buyers looking to add their own updates and personal touches. With a little vision and remodeling, this property has the potential to become a wonderful full-time residence, weekend getaway, or investment opportunity. Additional improvements include a two-car carport and a storage building for tools, equipment, or hobbies. Located in Morgan ISD and outside city limits with no known restrictions, this property offers the flexibility and freedom that are becoming increasingly difficult to find. Don't miss the chance to own a private slice of Bosque County with room to grow and make it your own.
This version highlights the privacy, acreage, wildlife, and lack of restrictions while framing the remodeling needs as an opportunity rather than a drawback.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017