511 CR 250
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 |
|---|---|---|---|
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | No longer available | - | |
| No longer available | |||
| Dec 4, 2021 | Listed by Janette Padgette Real Estate | $539,000 | |
| Listed by Janette Padgette Real Estate | |||
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Great piece of Texas hill country that offers amazing, 360 views, one stock tank, rolling countryside and a good tree mix. There is an older home and a 3/2 single wide that both need TLC. Water well and septic present but condition unknown at this time. Ag Exempt. Majority of fencing in fair condition. A very unique feature of this property is a natural spring located on the side of the hilltop. Per previous owners this spring has never run dry and they even had a water trough placed there to catch water. Deer were seen in multiple areas. The hilltop views must be seen to be appreciated! If you have been looking for views, hunting and more call today and schedule a time to take a look!
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| Nov 20, 2021 | In contract | - | |
| In contract | |||
| Nov 2, 2021 | Listed by Janette Padgette Real Estate | $539,000 | |
| Listed by Janette Padgette Real Estate | |||
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Beautiful ranch property that offers million dollar views, natural spring, one stock tank and great deer hunting! Structures include 2 bedroom 2 bath older mobile home and an old farmhouse. Tree cover includes live oaks, post oaks, cedar and native brush cover. Fully fenced, Ag Exempt.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017