401 Union Hill RD
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 |
|---|---|---|---|
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by Land Unlimited | $158,900 | |
| Listed by Land Unlimited | |||
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Tuck your home away from the road on this beautifully wooded 2.43-acre lot in Union Hill Subdivision. This property is ready for you to bring your home or start building. Owner financing is available with just 10% down, making it simple and affordable to own your own land. With electricity at the road, all the essentials are in place—just add your vision! Enjoy the freedom of no restrictions and no flood plain, giving you the flexibility to live in an RV, build multiple homes, or raise animals. Located in a great area just 10 minutes from downtown Lockhart, this is the perfect spot for peaceful country living with easy access to US 183, Highway 80, and Interstate 10
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| Apr 14, 2025 | Listed by Land Unlimited | $158,900 | |
| Listed by Land Unlimited | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017