240 County Road 140
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 16, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by Keller Williams Brazos West | $345,000 | |
| Listed by Keller Williams Brazos West | |||
| | |||
|
AFFORDABLE and Motivated! Buyers looking for an affordable home on acreage, with horse facilities in the greater Stephenville area should look here! This property is turnkey, ready for you and your livestock, and at a price not found in the area. The three bed two bath brick home was recently updated with a beautiful kitchen and great fixtures, including a nice back porch. Outside you'll find 4.47 acres, completely fenced and cross fenced, with pipe, brick columns, smooth wire, a nice set of horse pens, and a 230'X130' arena. There is even a Preifert roping chute! The 30'X30' two stall barn is located next to the home, and features a tack or feed room, well equipment room, and hay storage area, with a large rolling wood door. There is a 10'X10' loafing shed with a small trap for additional horses. The driveway is setup for pulling trailers through, and even has RV hookups for your living quarters. Strong future potential with approximately 285' on FM 219. The home is empty and vacant.
| |||
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017