05 Highway 49
About This Property
Avinger, Texas. Well located and well accessed, managed, forestry tracts. Pine plantations of ~ 85 square feet of trees/acre (basal area). Hardwoods along creek drains. Low traffic county maintained road. Potential pond/lake sites. Electric transmission line creates an open sendera for Tracts 1/2. Well services access road through T-2.
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Cap Rate Calculator
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 16, 2023 | Listed by HomeLand Properties, Inc | $367,500 | |
| Listed by HomeLand Properties, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2024
| |
Loft
|
-
|
-
|
$49,914
Loft
-
|
$45,000
-9.84%
01/16/2025
|
Christopher Cherry
HomeLand Properties, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017