4215 SE 3rd Avenue
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 |
|---|---|---|---|
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed | $355,000 | |
| Listed | |||
| | |||
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Charming Brick Ranch on 6.5 more or less Acres of Scenic Farmland.
Nestled in serene countryside, this beautiful brick ranch with a basement sits on 6.42 acres, offering both tranquility and convenience. Just a stone's throw from the Choctaw Casino and Resort, (which you can view while sitting on your back deck) and only a 15-minute drive to Lake Texoma, this home perfectly blends rural charm with easy access to modern amenities.
The interior boasts a bright and open family room, where natural light pours in through a wall of high UV-rated windows, creating a warm and inviting atmosphere. A large sunroom overlooks the lush green pastures, providing a perfect spot to relax and enjoy the scenic views.
The spacious kitchen, designed with entertaining in mind, offers a seamless connection to the family room, making it ideal for hosting gatherings. The basement provides versatile space that can easily be used as a large third bedroom.
Outside, the entire property is fenced and cross-fenced, ensuring privacy and security. Additional features include an RV parking spot equipped with a water faucet and 50-amp power outlet, a large shop with LED lighting, and a 4-stall 30x45 barn that offers ample storage.
This property could make a wonderful horse ranch. Investors take notice, there is plenty of room to build more homes. Perfectly located just off of the HWY 70 bypass giving you easy access to HWY 75 going to Tx or HWY 70 headed to Lake Texoma.
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| Oct 23, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 16, 2024 | Listed by C-21 DEAN GILBERT, REALTORS | $349,900 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
| May 5, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017