22266 State Highway 56
About This Property
Buyer to verify all information provided. Agent and Seller are providing property information to the best of their current actual knowledge.
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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 20, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Herrin Real Estate, LLC | $180,000 | |
| Listed by Herrin Real Estate, LLC | |||
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A beautiful hilltop home site with a concrete drive and stone entrance with iron gate in place. Fenced along the front. This property sits less than 1 mile from the currently planned route for the Grayson County Tollway.
Buyer to verify all information provided. Agent and Seller are providing property information to the best of their current actual knowledge.
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| Feb 13, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Listed by FMI REALTY | $127,500 | |
| Listed by FMI REALTY | |||
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Enjoy soaking in picture perfect sunsets and relaxing evenings in the great outdoors away from the city life. Close to the proposed Dallas North Tollway extension. Bring your dreams and plans today! Property used to have a house however it was destroyed by a fire. Slab and driveway are present in an unknown condition. Location, access, and condition of utilities and septic is unknown and should be verified by purchaser. No survey available, Buyer need to get own survey. Buyer to verify all schools, zoning, measurements, ALL information, etc. Lot size is approximate and buyer to confirm. Do not open or leave gate open; livestock may be present on property. Property is sold as is.
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| Aug 26, 2020 | Sold | ||
| Sold | |||
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14602819
Details provided by NTREIS and may not match the public record
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