5135 County Road 288
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 26, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jul 8, 2025 | Listed by eXp Realty, LLC | $550,000 | |
| Listed by eXp Realty, LLC | |||
| |||
|
Welcome to this stunning unrestricted 16+ acre property in Angleton, just minutes from Lake Jackson. A 30x60 red iron shop/barn is already in place—currently set up with 7 horse stalls but easily convertible into a spacious barndominium. A sturdy, built-up driveway leads directly to the barn and a pre-laid dirt pad for a future home build. With two 50-amp RV hookups and a 200-amp connection ready for new construction, you’re well on your way to making this property your dream homestead. The existing home on the property is a beautifully updated 3-bedroom, 2-bathroom residence with full interior and exterior renovations. Outside, you'll find a pond, perimeter fencing, and breathtaking mature oak trees offering shade and serenity throughout the landscape. An additional culvert has been approved for installation at the far north corner of the property. Enjoy the quiet charm of rural living with the added bonus of a nearby train horn silent zone, offering peaceful days and restful nights.
| |||
| Mar 25, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017