Lot 21 Meadow Hill Lane
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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 |
|---|---|---|---|
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2023 | Listed by Only 1 Realty Group LLC | $110,000 | |
| Listed by Only 1 Realty Group LLC | |||
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Looking to get away from the city & build a countryside oasis! Farm land neighborhood with Cattle & Horses. Minutes from Buc-ee's & Choctaw Casino. Sitting on over 1 Acre, you can build your farmhouse, dreamhouse or 2nd home. Located in South Fork Estates, heavily treed backyard with a calm & soothing creek in the far back of the property. Easy access to 75, shopping & dining in Sherman TX, highway access to Melissa, McKinney & Plano TX. Away from the city but the luxury of only a drive away! Survey Available
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| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 22, 2023 | Listed by JPAR NTREIS | $99,500 | |
| Listed by JPAR NTREIS | |||
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This property is in South Fork Estate and backs to a tree-lined creek. Quiet country setting with large lots. In Howe ISD and just minutes from Sherman for dining and shopping. Minimum 1200 sqft. excluding porches and garage. No manufactured homes. Deed restrictions posted online
All information deemed reliable but not guaranteed
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| Jun 6, 2022 | Sold | ||
| Sold | |||
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14486747
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017