3171 County Road 420
About This Property
Adorned with mature pecan and elm trees, it provides shade and a picturesque landscape. Imagine fishing, boating, and listening to the sounds of nature, still remaining close to amenities. An existing electric pole is on the property, while the city water line is available for hook up at the road. The land comes with a brand-new survey, with stakes marking the boundaries. Don't miss this unique opportunity to own a piece of Pecan Bayou's natural splendor. Contact us today to schedule a visit and explore the endless potential this property has to offer.
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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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2024 | Price Decreased |
$29,000
↓ $5K
(14%) | |
| Price Decreased | |||
| Oct 2, 2024 | Price Decreased |
$33,700
↓ $1K
(3.7%) | |
| Price Decreased | |||
| Aug 24, 2024 | Price Decreased |
$35,000
↓ $5K
(12.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017