316 County Road 1590
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Agape and Associates LLC | $395,000 | |
| Listed by Agape and Associates LLC | |||
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Tucked beneath the wide Texas sky, this updated farmhouse offers the perfect blend of cozy living and wide-open possibility. Set on over 7.5 fully fenced acres, this 2-bedroom, 1-bath home is ideal for anyone seeking a peaceful retreat, hobby farm, or equestrian setup—all just minutes from town conveniences and within sought-after Alvord ISD. The home itself has been tastefully updated, preserving its farmhouse charm while adding modern comfort. Natural light fills the living space, and the functional layout makes the most of every square foot. Whether you're sipping morning coffee on the front porch or winding down under the stars, this property offers an inviting sense of home. The land truly sets this one apart. With level terrain and plenty of room to roam, the acreage is well-suited for horses, livestock, or future expansion. A classic barn stands ready for use, complete with holding pens, a tack room, and space for equipment or feed. There's room here to grow a garden, raise animals, build a larger residence, or simply enjoy the slower pace of country life. Whether you're dreaming of small-scale farming, a weekend retreat, or a homestead with room to breathe, this property checks all the boxes. Acreage with this kind of potential—and a move-in ready home—is rare at this price point. Bring your boots, bring your vision, and come fall in love with this slice of Texas countryside. Seller is also offering $10,000 to help keep money in your pocket to further invest into your dream!
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| Oct 21, 2021 | Sold | ||
| Sold | |||
| Dec 19, 2020 | Listed by Fathom Realty, LLC | $235,000 | |
| Listed by Fathom Realty, LLC | |||
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ALVORD ISD & only a quarter mile from Hwy 287! Perfect place to build your dream home! Land offers over 7 acres of countryside, which encompasses a charming newly remodeled home with 2bd, 1bth (previously used for rental property), 2 existing water wells & a 2700 sf barn with electric and accessible water with 5 stalls & tack room. Cross fencing in place yields 2 separate pastures; perfect for your animals to graze! This land has amazing potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017