415 Beckham DR
About This Property
For added convenience, buyers may choose to add a water meter, electric meter, septic system, and driveway entrance at an additional cost for a more turnkey setup. Each lot is surveyor-staked and offers a natural setting with a few trees. Newly paved roads, new Bluebonnet Electric poles, and an Aqua Water Supply line at the road provide excellent infrastructure.
Light restrictions help protect long-term value while still allowing flexibility. Animal-friendly restrictions allow up to 20 chickens, 2 roosters, 5 goats, 2 sheep, 2 horses, and donkeys per acre, offering flexibility for buyers seeking a country lifestyle. Additional neighboring lots are available, making this a great opportunity for family and friends looking to live next to each other. With no floodplain and a low tax rate, this is a rare opportunity to enjoy peaceful country living with practical advantages.
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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 |
|---|---|---|---|
| May 16, 2026 | Listed by All City Real Estate Ltd. Co | $134,900 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017