306 PRIVATE ROAD
About This Property
Situated within the highly sought-after North Lamar ISD, this lot provides an excellent setting for families or anyone looking to invest in a growing community. Thoughtfully designed deed restrictions are in place to help protect property values and ensure a cohesive, well-maintained neighborhood.
With plenty of room to bring your vision to life, this property is ready for your custom building plans. Whether you're looking to create a private retreat or a forever home, this is your chance to secure a prime piece of land in one of the area's newest developments.
Don't miss out on this exceptional opportunity to build in Sumner Estates!
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | Listed by Hygge Homes and Land | $38,380 | |
| Listed by Hygge Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017