544 County Road 116A
About This Property
The property truly sets itself apart with over 5,000 sqft of attached covered space-ideal for equipment storage, small RV parking, workshop use, or entertaining. Whether you're looking for a homestead, business opportunity, or weekend retreat, the versatility here is hard to match.
Enjoy peaceful surroundings with the benefit of being just minutes from town, providing quick access to shopping, dining, and schools.
Endless possibilities await-bring your vision and make this property your own. Buyer to confirm any intended use outside of residential with Burnet County.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Listed by Shipley Ranches | $450,000 | |
| Listed by Shipley Ranches | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017