480 Tom McCartney Lane
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by Magnolia Realty | $140,000 | |
| Listed by Magnolia Realty | |||
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Discover the perfect blend of potential and serenity on this 2.17-acre unimproved parcel in Gholson, TX. Nestled in a peaceful setting, this property offers endless opportunities to create your ideal retreat. With a 1,200 square foot workshop, fully equipped with electric, this versatile structure is perfect for immediate use or to finish out as a barndominium while you build your dream home. The property backs up to a tranquil creek, providing a serene natural backdrop and privacy with the tree line. The expansive lot provides ample space to design and build your custom home, establish a garden, or create outdoor living areas. Conveniently located 10 minutes outside of Waco with easy access to local amenities, this property is a rare find for those seeking a blend of functionality and tranquility. Whether you're planning to build from the ground up or transform the existing workshop into a cozy barndominium, the possibilities are endless.
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| Sep 22, 2024 | Listed by RE/MAX Roya | $170,000 | |
| Listed by RE/MAX Roya | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017