1868 Dowell Road
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 |
|---|---|---|---|
| May 2, 2026 | Listed by CAPROCK Real Estate Advisors LLC | $3,500,000 | |
| Listed by CAPROCK Real Estate Advisors LLC | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 18, 2025 | Relisted | $3,999,999 | |
| Relisted | |||
| Jan 9, 2025 | Listed by Coldwell Banker Apex, REALTORS | $3,999,999 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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PRIME DEVELOPMENT 62.75 acres your chance to own a unique piece of property in Rockwall County, inside of the city limits and Rockwall ISD. Great
for a recreational ranch, private residence, or for a single-family development. Endless possibilities with this hidden gem in Rockwall County just south on Dowell Rd. past Equestrian Meadows subdivision on the right-hand side. There is a house and shop on the property no value has been given to these. Two additional 2.14 acres lots available that are connected to the property.
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| Dec 8, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017