283 County Road 369
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Relisted | $564,000 | |
| Relisted | |||
| Jul 8, 2023 | Listed by The Ron Brown Company | $564,000 | |
| Listed by The Ron Brown Company | |||
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SHINER ISD! This is the perfect property~ homestead a couple of acres and the rest are ag exempt. The neighbor cuts hay to keep the ag exemption or you can run a few cattle or put in bee hives. The home is only a few years old and has all the modern conveniences. The 3200sf metal building is 1600sf shop area and 1600sf living area. The shop has 2 oversized roll-up doors plus a walkthrough door in the back. The home is low maintenance with stained concrete floors and has a very open and split floor plan. 10 minutes to Shiner or Hallettsville makes it the perfect location since it's still in SHINER ISD! Less than 2 hours to Austin, Houston, Corpus, or San Antonio so middle of nowhere but the center of everywhere! Very minimal land along the road about mid-property is in the flood zone. Call now for your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017