2874 County Rd 397
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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 |
|---|---|---|---|
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Holub Real Estate, LLC | $148,500 | |
| Listed by Holub Real Estate, LLC | |||
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10.5 acres with multiple building sites, dotted with Post Oak trees. Features a new pipe entrance, newly cut trails for exploring the property. Small acreage tracts are few and far between in this area, featuring the trees and privacy this property affords. The county road is well maintained. Located in a great school district, Moulton ISD, this property is centrally located between Houston, Austin, and San Antonio. 10 miles south of I-10, for easy access to and from the Interstate. Light restrictions in place to protect your investment. Electricity nearby. Additional acreage available, ask listing agent for details.
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About Gonzales
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Last Updated: 5 months ago
Data Source: HAR , MLS# 93474519
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017