Tract 20 CR 203A Tract #20
About This Property
This is a great property for river enjoyment. The Leon River did have water flowing during the drought, as seen at the property! Meaning it did not dry up during the drought! There is abundant wildlife also seen on the property! Come enjoy a campfire by riverside!
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | Listed by The Sales Team, REALTORS DFW | $22,000 | |
| Listed by The Sales Team, REALTORS DFW | |||
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About Hamilton
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20466864
Details provided by NTREIS and may not match the public record
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