2020 County Road 386
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 |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by The Platinum Group Real Estate | $449,000 | |
| Listed by The Platinum Group Real Estate | |||
| | |||
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Just near the edge of Stephenville, Tx city limits, a perfect starter horse property with an income producing water well! This 2020 metal frame, unique home is 1500 square feet with an ideal split layout. 3bed 2bath. Open concept with high vaulted knotty pine ceilings, tile floor bathrooms, rock wall fireplace, granite countertops, stainless steel farm sink located under a large window to take in stunning views. Gorgeous, covered front and back porches and an extra-large carport. 2 acres, completely fenced with pipe, perfect for turning horses out. Includes a 2-stall barn with connecting runs and a coordinating metal storage building with unlimited uses. This place has the WOW factor! Come check out all the amazing details.
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| Apr 7, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by The Platinum Group Real Estate | $375,000 | |
| Listed by The Platinum Group Real Estate | |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017