TBD State Highway 254
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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 |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2021 | Listed by Black Dog Realty Group, LLC | $800,000 | |
| Listed by Black Dog Realty Group, LLC | |||
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This is your chance for ranch life! Bring your cattle, bring your horses! Part of the land is suitable for grazing and agriculture, the other part is great for hunting deer and hogs, and there is possible fishing in the spring fed stock pond that never goes dry. If you are looking to build a home, there are several ideal building spots. If you are looking for extra acreage for your cattle or just looking to escape the city on the weekends, this could be your place.
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About Palo Pinto
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14517093
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017