3572 County Rd 397
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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Listed by Holub Real Estate, LLC | $143,000 | |
| Listed by Holub Real Estate, LLC | |||
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11.5 acres with multiple building sites, and a blank canvas ready for you to build or enjoy as a recreational property! Features a new entrance, newly cut trails for exploring the property. Small acreage tracts are few and far between in this area. The county road is well maintained. Located in a great school district, Moulton ISD, this property is centrally located between Houston, Austin, and San Antonio. 10 miles south of I-10, for easy access to and from the Interstate. Light restrictions in place to protect your investment. Electricity nearby. Additional acreage available, ask listing agent for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017