2362 County Road 856
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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 |
|---|---|---|---|
| Jul 19, 2022 | No longer available | - | |
| No longer available | |||
| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | In contract | - | |
| In contract | |||
| May 8, 2022 | Listed by Truepoint Realty, LLC | $990,000 | |
| Listed by Truepoint Realty, LLC | |||
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A rare opportunity to own in McKinney’s Walnut Grove. This 4 bedroom, 3 bath home sits on 4.4 acres and has direct access to a private lake. No city taxes, no HOA – just relaxing and peaceful living within minutes from all the amenities of the city. Sit on the screened in back patio, relax in the 4ft pool & hot tub, fish from your backyard and enjoy the good life!! 2 living areas, 2 dining areas and spacious bedrooms, all found in a single story ranch style home. Roof a year old, AC units 5 yrs old, hot water heater new in 2021. Fully functioning barn with stalls, tack room and holding pen. Circle driveway for ample parking. Plenty of space to make it your own.
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| Apr 21, 2022 | Listed by Truepoint Realty, LLC | $990,000 | |
| Listed by Truepoint Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017