3682 County Road 296
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%.
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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 6, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by KW Management LLC | $465,000 | |
| Listed by KW Management LLC | |||
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There are two homes and a new insulated 30x40 shop on the property. The primary home was custom-built in the early 80's. It has 3 bedrooms, 2 baths, an attached 2 car garage, and over 2300 sqft. The home is very clean, recently inspected and would make for a beautiful re-model. The recently remodeled guest house is approximately 550 sqft, and has a full bath with walk-in shower, kitchenette, small living rom and bedroom. It could be a bunk house with two bedrooms, guest house, office or rental. The acreage is mostly flat with native grass, mixed cedar and mesquite, and large mature oaks. It will be offered fully fenced. It has been part of a larger ranch and has a current ag valuation.
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 27, 2021 | Listed by KELLER WILLIAMS REALTY | $1,060,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Stunning piece of central Texas highlighted by a gorgeous creek defining the northern edge of the property. Lots of hardwoods on this property mixed with brush that could be removed to create a pristine hunting and grazing gentleman's ranch. Hunting is excellent with large whitetail, turkeys, hogs, etc. Custom built 1 story home in the 80's with 3 bedrooms, 2 baths, attached 2 car garage, over 2300 sq. ft. Price is based on $5,200 per acre and $250K for the home and the newly built 30X40 shop and 600 sq ft mother in law quarters with 1BR and 1 BA. DEFINITELY A MUST SEE TO TRULY APPRECIATE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017