32 County Road 35940
About This Property
Inside, you'll find vaulted ceilings and a spacious living area centered around a cozy wood-burning fireplace, creating a warm and inviting atmosphere. Office space. The updated kitchen features modern finishes, ample cabinetry, and a double oven, making it ideal for everyday living and entertaining.
Step outside to your private backyard retreat, complete with an inground pool and a covered patio perfect for barbecues, gatherings, or relaxing evenings. The expansive acreage provides room to enjoy the outdoors while maintaining privacy and flexibility. Whether you're looking for a primary residence, weekend getaway, or investment opportunity, this property delivers space, convenience, and East Texas charm.
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by Hygge Homes and Land | $359,900 | |
| Listed by Hygge Homes and Land | |||
| Jun 5, 2025 | No longer available | - | |
| No longer available | |||
| Dec 4, 2024 | Listed by Century 21 Executive Realty | $376,500 | |
| Listed by Century 21 Executive Realty | |||
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3 bedroom 2 bath brick home on just over an acre with unground salt pool is just a stone's throw away from Pat Mayes Lake and just minutes away from the Red River! When you are not boating on the lake, you can enjoy your own backyard oasis with a covered patio for outdoor barbecues! This home features vaulted ceilings, wood burning fireplace, updated kitchen with quartz counters and a beautiful breakfast bar! The double ovens will make meal prep a snap! Home is conveniently located between Paris and Oklahoma with an easy corridor to many industries! Don't miss out on this home in NLISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017