2250 Mcreynolds Road
About This Property
Bring your horses! Charming 3 bed 2 bath home on 2.2 acres near Lake Ray Roberts, on corner lot. Open concept living, kitchen, and dining area. Wood grain tile in common areas. Wood burning fireplace in the living room. Attached 2 car garage, separate workshop with electric, and attached carport, 2 stall horse barn, plus a separate loafing shed, with a piped fence. The property also has an inground diving pool, perfect for kids or entertaining!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by Turner Massey Realty, LLC. | $325,000 | |
| Listed by Turner Massey Realty, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017