2301 County Road 103
About This Property
Property includes 400 amps electrical service, water well, septic system for house trailer and 3 RV spots located on elevated pad. Other items include 2 five acre fenced pastures, and one small pasture by the entrance road. Water lines have been run to back pastures.
Additional amenities include 1 office Bldg. w/electricity, 1 storage Bldg., 1 covered arena and 5 stalls for storage or animals. Perfect for your horses and livestock! Tons of outdoor space for entertaining and 4H Projects.
Tons of trees in the back pasture! Don't delay and schedule your showing today!
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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 |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Re/Max Professionals | $399,900 | |
| Listed by Re/Max Professionals | |||
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WELCOME to 2301 CR 103, this ranchette is nested on 21.87 acres located in the Boling ISD school district, ready for you to build your dream home or business while living on the property in the 80X16 manufactured home.
Property includes 400 amps electrical service, water well, septic system for house trailer and 3 RV spots located on elevated pad. Other items include 2 five acre fenced pastures, and one small pasture by the entrance road. Water lines have been run to back pastures.
Additional amenities include 1 office Bldg. w/electricity, 1 storage Bldg., 1 covered arena and 5 stalls for storage or animals. Perfect for your horses and livestock! Tons of outdoor space for entertaining and 4H Projects.
Tons of trees in the back pasture! Don't delay and schedule your showing today!
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| May 7, 2019 | Sold | ||
| Sold | |||
| Oct 15, 2018 | Listed by Coleman & Patterson, LLC | $180,000 | |
| Listed by Coleman & Patterson, LLC | |||
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21.87 acres with a lot of potential. Variation of wooded coverage and open areas. Go in any direction with this land from recreational use or take advantage of the several home site options! About 10 minutes to Wharton and less than 5 minutes to Boling, and easy access to Houston. Scattered pecan and oak trees make this property desirable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017