250 County Road 1697
About This Property
Bring your Home Builder out and design your future Dream Home with acreage! This land lot has easy access to 287, for easy drive over to Decatur and the metroplex, for shopping, work and entertainment or 380 to Denton or if you need to head out to Bowie, Tx or Wichita Falls and Oklahoma. Sunset, Texas has that small town country appeal and has much to offer!
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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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Dec 29, 2022 | Listed by Attorney Broker Services | $85,000 | |
| Listed by Attorney Broker Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017