3201 County Road 197
About This Property
This home is a rare find! with new roof, new floors, and completely updated kitchen and bathrooms.
Move-in ready! The spacious land (2 acres) is perfect for weekend barbecues, playing with pets, or simply relaxing outdoors.
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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 23, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by HomeSmart | $207,000 | |
| Listed by HomeSmart | |||
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Nov 10, 2022 | Listed by BHGRE Gary GreeneGalveston In Town | $125,000 | |
| Listed by BHGRE Gary GreeneGalveston In Town | |||
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Create your own paradise in Alvin! 2 acres of land where you can build your dream home. The land already has a well, septic and electricity. The mobile home that is currently on the property will be sold with the land but will need to be addressed by the new owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017