3844 S County Road 401
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 20, 2022 | No longer available | - | |
| No longer available | |||
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | In contract | - | |
| In contract | |||
| Aug 11, 2022 | Listed by Nolan Properties, LLC | $499,000 | |
| Listed by Nolan Properties, LLC | |||
| | |||
|
Spectacular find in this Rusk County secluded 45.14 acre tract located just minutes from downtown Henderson. Property boasts a security gate at entrance, with asphalt drive, leading to the 2 bedroom, 2 bath 1580 square ft barndominium. Includes 1370 square ft attached shop area with multiple entry doors and overlooks a fully stocked 7 acre lake with a fishing pier and built-in riser to control the lake level. Tract is heavily wood with a mixture of pine and hardwood timber with multiple trails to access the property. Water well services the home and garden area with multiple faucets around the home. New septic system recently installed. The manager has listed the unit size as 1580 square feet.
| |||
| Jul 28, 2022 | Listed by Nolan Properties, LLC | $499,000 | |
| Listed by Nolan Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017