2877 Erwin Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 7, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2021 | Listed by North Texas Associate,REALTORS | $85,000 | |
| Listed by North Texas Associate,REALTORS | |||
| | |||
|
Over 2 acres of beautiful green property with great views in a very desirable area. Several great building spots are ready to build on. This is the perfect spot to build your dream home, install your new mobile home or build a bardominium. Electricity is available at the street and property is currently ag exempt. There were only 4 lots developed together so if you are looking for that little piece of the country thats not in a big subdivision yet close enough to get to stores in minutes this is your paradise. These unique building spots won’t last long. Great location about 35 minutes from Fort Worth and 20 minutes from Weatherford.
| |||
| Jul 12, 2021 | No longer available | - | |
| No longer available | |||
| Jul 1, 2021 | Listed by North Texas Associate,REALTORS | $85,000 | |
| Listed by North Texas Associate,REALTORS | |||
| | |||
|
Over 2 acres ready for that special home whether it's a mobile, tiny home, residential or a barndominium. Property is presently ag exempt. Electricity would be tri-county and buyer would need to put a septic in. Great location about 35 minutes from Fort Worth and 20 minutes from Weatherford.
| |||
| Jan 19, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Parker
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14405800
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017