TBD S Hwy 69
About This Property
Beautiful rolling property withn 2 stock tanks and a large barn with holding pens for cattle and hay storage. Property backs up to Sabine River Authority property and state hunting lands are south of the property. This property has been owned by the same family for the last 75 years. Located about halfway between Lone Oak and Greenville and about an hour from Dallas shopping, dining and medical services are in close proximity. Come see this property and you will want to make it your own.
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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 |
|---|---|---|---|
| Aug 29, 2023 | No longer available | - | |
| No longer available | |||
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | In contract | - | |
| In contract | |||
| Jul 9, 2023 | Relisted | $70,000 | |
| Relisted | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20084241
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017