Lot 3 & 4 E Acorn Drive
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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Apr 25, 2022 | Listed by Mission Real Estate Group | $17,500 | |
| Listed by Mission Real Estate Group | |||
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This property features 39,000 sqfts of land, which consists of two adjoining lots. The property is heavily wooded and located in Oakhurst TX. A truly awesome location. It’s just a few miles away from Lake Livingston and nearby cities like Huntsville and Riverside, near Sam Houston National Forest, go horseback riding at the nearby public ranches. Utilities are available on site even though this is still considered country side real estate. Ideal access to daily needs like pharmacies, stores, good dining options and plenty of recreational activities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017