Tract 5 Spring Valley & Tower Drive
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, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2023 | Listed by Kelly Land and Ranch | $207,200 | |
| Listed by Kelly Land and Ranch | |||
| Aug 11, 2022 | No longer available | - | |
| No longer available | |||
| May 9, 2022 | Listed by Clark Real Estate Group | $209,950 | |
| Listed by Clark Real Estate Group | |||
| | |||
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Nice small acreage property just outside of Moody, Tx and within 15 minutes of Waco, Tx. Approximately 11.05 acres. Property has nice rolling terrain with scattered mesquite trees and nice homesites. Beautiful views with access off Spring Valley Road and Tower Dr.Seller is working with Elm Creek water supply to obtain water meter. Seller has met with TxDot to determine location of entrance to property off Spring Valley Road. Acreage is approximate. Exact acreage will be determined with a survey.
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| May 3, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017