TBD Hwy 281
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 26, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Turner Country Properties | $1,062,710 | |
| Listed by Turner Country Properties | |||
| | |||
|
Nice multi-use property a few minutes south of Windthorst. Frontage on the west side of Hwy 281. There are three 60 acre tracts. They are all similar in having partial improved grass coastal field and heavily wooded with mesquite. The terrain is level to sloping NW with the highest being the southern tract. Surface water consist of 2 stock ponds, on the north and middle tract. Rural water and electricity are available along Hwy 281. This would make a great location to build your dream home.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Windthorst
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 14652465
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017