5487 County Road 345
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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by Canda Rasberry Team LLC | $23,000 | |
| Listed by Canda Rasberry Team LLC | |||
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by UCRE - Tx Home and Ranches RE | $17,500 | |
| Listed by UCRE - Tx Home and Ranches RE | |||
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Discover the perfect spot to build your dream home just minutes from Early! This 1.42-acre property offers a beautiful mix of mature trees, providing natural shade and a peaceful country setting. With electricity already on-site and water available at the road, much of the groundwork is in place to bring your vision to life.
The land offers flexibility and potential, whether you're looking to build now or invest for the future. Existing oil field equipment is present but can be removed, allowing you to fully customize the property to suit your needs.
If you’ve been searching for a manageable-sized tract with utilities and character, this property near Early is a great opportunity you won’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017