208 W Umstead
About This Property
Out back, the property backs up to a large open field, giving the backyard a peaceful country feel. You may even catch a deer wandering through the backyard from time to time.
The comfortable layout and manageable size make this the perfect starter home, downsizing option, or investment property. Conveniently located near US-69/75 and just minutes from the Texas border, with easy access to Durant, Denison, and Sherman. Qualifies for FHA, VA, USDA, and conventional financing. Clean, affordable, updated, and move-in ready. Come take a look at 208 Umstead!
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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 |
|---|---|---|---|
| Sep 30, 2026 | Relisted | $140,000 | |
| Relisted | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Listed by Epique Realty | $149,000 | |
| Listed by Epique Realty | |||
| Aug 1, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017