TBD VZCR 2434 Lot 6
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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | Listed by Coldwell Banker Anderson Realt | $94,000 | |
| Listed by Coldwell Banker Anderson Realt | |||
| | |||
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Aug 25, 2022 | Price Decreased |
$96,500
↓ $16K
(14.2%) | |
| Price Decreased | |||
| Jul 1, 2022 | Listed by Coldwell Banker Anderson Realt | $112,500 | |
| Listed by Coldwell Banker Anderson Realt | |||
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Ready to Build? Bring those house plans and come on! Due to growth and progress in our county so many things are changing! We have done the work required by the county to sell this property with an approved Plat, filed in the courthouse, it's the way of the future! This is a really pretty 3.10 acre lot with elbow room on either side. Located in a country setting with great neighbors and beautiful scenery all around. This property is located in the Desired Canton ISD, buses run in front of the property! There are about 200 feet road frontage on a good county road. Electric is at the road. A well is required, but there's nothing better than this East Texas water, we set on a good aquifer! Septic is also required There are options for the internet, it is available. The land is reasonably level, has a few trees and the soil is a sandy mix. This is a great up and coming area with a great future. From this location there is super easy access to the I 20 with no traffic or red lights involved
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017