33386 Blanton Ranch Road
About This Property
You can build your dream home away from the city in a KEMP ISD. Water and Electricity are already on the property. There is an old mobile home that is not livable. The value is only is in the land.
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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 |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Eco Agent Realty International | $170,000 | |
| Listed by Eco Agent Realty International | |||
| Apr 6, 2019 | No longer available | - | |
| No longer available | |||
| Jan 23, 2019 | No longer available | - | |
| No longer available | |||
| Dec 16, 2018 | Listed | $50,000 | |
| Listed | |||
| | |||
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Just over 12 acres in Kemp's Blanton Ranch Estate. Build your dream home in Kemp ISD. Water and power available on property.
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14676858
Details provided by NTREIS and may not match the public record
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