2659 County Road 1106
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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Benton-Luttrell Real Estate Co | $689,500 | |
| Listed by Benton-Luttrell Real Estate Co | |||
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IMPOSSIBLE TO FIND 1,502 sf home on 12.2 acres in the Van Alstyne School District!! This property features an immaculate brick 3 BR, 2 BA home, two (2) large barns, fencing & cross-fencing, and is set up for a lighted arena. The home was updated in 2017 with a new kitchen (granite, cabinets, appliances), a master bath (granite, tile shower), and tile & vinyl plank flooring. A new metal roof was added, along with guttering and landscaping. With two large barns (a 75x30 and a 50x35) and a lighted arena, this property is ready for your horses. Or better yet, move your kids up here, buy them a horse, and enroll them in the Van Alstyne schools! Your new lifestyle awaits - make the move now and come our way!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017