4953 County Road 1116
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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2023 | Listed by Citiwide Properties Corp. | $330,000 | |
| Listed by Citiwide Properties Corp. | |||
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Charming countryside retreat just minutes from town. Discover this stunning brick residence on 5 serene acres. Boasting 3 bedrooms, 2 baths,
and 1 garage converted and can be used for an office, game room, or study room. Lush, flat pastures ideal for livestock.
Swift access to Greenville, Dallas, McKinney, and Sulphur Springs. Potential to subdivide the land. No known restrictions
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| May 27, 2021 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Listed by Quality Choice Solutions, LLC | $265,000 | |
| Listed by Quality Choice Solutions, LLC | |||
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Sweet Home! Country living at its best and yet Convenient to town. Do not miss this beautiful home with 5 acres. Great location, a brick home, 3 bedrooms, 2 baths, 1 garage converted and can be used for a game room, office, storage, AC-heating added. Enjoy level pastures for livestock, red metal-covered buildings for horses. Chickens are negotiable. There is an additional large red metal storage building located on the property. Easy commute to Greenville, Dallas, McKinney, Sulphur Springs. The 5 acres can be divided. No known restrictions. Not in a flood zone. Come see.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017