282 County Road 118
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by eXp Realty LLC | $475,000 | |
| Listed by eXp Realty LLC | |||
| May 11, 2024 | No longer available | - | |
| No longer available | |||
| Aug 10, 2023 | Listed by KWSynergy | $499,000 | |
| Listed by KWSynergy | |||
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Here is the perfect size central Texas hunting property. Approximate 25 acres are open and cross fenced on the front third. The back two thirds are 50 acres of tree filled land that has a gentle roll to it on the backside. The fences are good if you want to run a few cows or lease for grazing. The hot weather has dried up the tank and there is a concrete water trough supplied by the water well to take care of livestock and supply the cabin. Improvements include the 12 x 32 storage shed on skids with a roll up door, smaller set of working pens near the county road and a 16 x 36 cabin. Utilities and septic were installed with a larger permanent home in mind with a 1000 gallon septic system and 200 amp electric service. This is more than just a rough hunter's cabin and you will be surprised by the full bathroom and kitchen with all the amenities. Very convenient location near Goldthwaite and only 1hr 45min to Austin and 2hr 20min to Ft Worth. Fiber optic available
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017