TBD Hwy 36 & CR 328
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 |
|---|---|---|---|
| Oct 2, 2026 | Listed by Armstrong Properties | $761,515 | |
| Listed by Armstrong Properties | |||
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 8, 2026 | Price Decreased |
$786,080
↓ $64K
(7.5%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Armstrong Properties | $850,000 | |
| Listed by Armstrong Properties | |||
| |||
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+/- 50 acres on Highway 36 N and County Road 328 with approximately 500 ft of road frontage on each. Multiple options for
development with high traffic counts and great visibility off of a major highway. The Chriesman community is a highly sought after
area that has seen high growth in recent years, making this tract suitable for residential or commercial development. County water &
electricity in the area. Recreational opportunties are also present with this land, having Thompson Branch Creek running through the
east portion of the property that flows off of Davidson Creek, known for its attraction of wildlife. The land features mature
hardwoods and gentle rolling pasture. 6 miles to Caldwell, 30 miles to Bryan/College Station, 63 miles to Round Rock, 114 miles to
Houston.
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| Dec 1, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017