4284 Chisam Road
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| May 3, 2023 | Listed by MAGNOLIA REALTY | $4,000,000 | |
| Listed by MAGNOLIA REALTY | |||
| Nov 4, 2022 | Listed by Newland Real Estate, Inc. | $4,420,000 | |
| Listed by Newland Real Estate, Inc. | |||
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Approximately 136 beautiful acres with amazing views and pond! Currently Ag exempt. A great opportunity to own land in a fast-growing area of North Texas. There is an 1856 sq ft. home on the property and a steel barn with electricity. It is approximately 1.5 miles from I-35 on a paved county road. Easy access to I-35, close proximity to Lake Ray Roberts, DFW, and the rapid expansion of the I-35 corridor is a perfect opportunity for investors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017