3410 Skinner Road
About This Property
The downstairs AC unit was recently replaced this summer. There is gas line present at the stove in the kitchen. The sellers opted for an electric cooktop and do not use the gas line. The lawn sprinkler system did not work when sellers purchased the home and they have never used them. Sellers will not be repairing sprinklers. The aerobic septic sprinklers do work and have a wood covering over the septic equipment on the east side of the property. There is a small propane tank in the shop that will stay with the property after the sale. The kitchen refrigerator stays with the home and the refrigerator in the bonus room inside of the shop is negotiable.
Properties offering this combination of acreage and versatile bonus areas are hard to find! Come and see this beautiful piece of Texas country living in Midlothian today!
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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 14, 2026 | Listed by CENTURY 21 Judge Fite Company | $699,000 | |
| Listed by CENTURY 21 Judge Fite Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017