2581 Amyx Ranch Drive
About This Property
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Relisted | $715,000 | |
| Relisted | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Compass RE Texas, LLC | $715,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to your slice of Amyx Ranch, five acres of peace just minutes from the big city! As you enter, your met with the perfect space ideal for and office, play area, workout room or secondary living area. The living area and a kitchen, ideal for family gatherings offers the beautiful backdrop, the pool, trees and farm animals. Spanning just over five acres, this property is ideal for ranching, featuring built-in feeders and a lean-to shed. Conveniently located near I-35 and 380, it offers easy access to Denton Country Club, Texas Motor Speedway, the University of North Texas in Denton, and the charming downtown area of Ponder. Embrace the tranquility of country living while staying close to city conveniences. This property truly offers the best of both worlds, making it a unique and desirable find. Don't miss the opportunity to make this exceptional ranch your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017