1985 Mcconnell Road
About This Property
For those seeking a rural retreat, this property is equipped for horses, cows, or other livestock. The value of this exceptional piece of land is truly immeasurable. Don't miss this opportunity to own a piece of paradise in an exceptional school district.
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 22, 2024 | Listed by Keller Williams Prosper Celina | $925,000 | |
| Listed by Keller Williams Prosper Celina | |||
| May 6, 2019 | No longer available | - | |
| No longer available | |||
| Jan 24, 2019 | Listed | $499,000 | |
| Listed | |||
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Beautiful custom home built on rare 5 acre lot with private stocked pond in Gunter Texas. You can build a shop, a pool, barn, mother-in-law suite, stables or other desired structures. This home is located in the coveted Hidden Lakes Ranch subdivision. The pond holds water year round and recently dug deeper for fish habitat. The pond has a run off by the dam so it will never rise above the driveway. If desired you can fence the perimeter of the 5 acres to allow for horses, cows, and other livestock for future country living. Many trees have been planted around the house and backyard that are thriving great. Trees planted include cypress, maple, cedar elm and pine. The land alone is hard to put a price tag on. The manager has listed the unit size as 2702 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017