175 Hickory
About This Property
Acreage buyers know that land is the opportunity, and 8.62 acres gives you plenty of it. Whether your goal is to build a private country home, create a homestead, enjoy outdoor recreation, or simply own enough land to have some breathing room, this property offers a strong foundation for your plans. The property is currently unimproved, giving you a blank canvas rather than someone else's finished vision. Located in the Hallsville school district, it combines the freedom of acreage with the convenience of being close to town. If you've been waiting for a tract where your plans can grow beyond the boundaries of a typical residential lot, 175 Hickory Road is ready for your vision.
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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 8, 2026 | Price Decreased |
$83,900
↓ $1K
(1.2%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by Keller Williams Realty-Tyler | $84,900 | |
| Listed by Keller Williams Realty-Tyler | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017