401 County Road 2869
About This Property
Discover your own slice of nature in the Horseshoe Lake area, just 20 miles east of Cleveland on the Trinity River. Surrounded by cypress trees and abundant wildlife, this spot is perfect for fishing, boating, or simply relaxing.
Property Highlights:
Ultimate Privacy: Located at the dead end on County Road 2869, you have the entire end of the peninsula to yourself.
The Home:
An adorable stilt home featuring a deck and screened porch-ideal for nature watching.
Versatile Use:
Perfect as a permanent residence or an incredible vacation rental property.
Expansion Potential:
The adjacent property on the right is also owned by the seller and is available for separate purchase.
Don't miss this incredible opportunity to own or invest in waterfront property!
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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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$139,500
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by JLA Realty | $149,500 | |
| Listed by JLA Realty | |||
| Sep 11, 2025 | No longer available | - | |
| No longer available | |||
| Jul 31, 2025 | Price Decreased |
$189,500
↓ $10K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017