4692 Locust 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 |
|---|---|---|---|
| Nov 19, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by Texas Real Estate Executives | $399,900 | |
| Listed by Texas Real Estate Executives | |||
| Aug 2, 2023 | Price Decreased |
$399,900
↓ $60K
(13.1%) | |
| Price Decreased | |||
| May 31, 2023 | Listed by Texas Real Estate Executives, The Daniels Group | $459,900 | |
| Listed by Texas Real Estate Executives, The Daniels Group | |||
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As you drive up the long and winding driveway, you will fall in love with the feel of tranquility and privacy this home offers. This property boasts breathtaking views that will leave you in awe. You will see a fenced in section with a pond that has been previously used for livestock. This Traditional style brick home offers 3,620 SqFt of living space and is sitting on 10+/- rural acres in Gilmer ISD. Nestled into country for a deep country feel, yet close to town for a convenient commute. With 5 bedrooms and 4 full bathrooms, the southern county living hospitality possibilities are endless for your gatherings. You are invited to step into this hidden private retreat that you will want to call home. The manager has listed the unit size as 3658 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017