550 Chaparral Drive
About This Property
Listed By
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 |
|---|---|---|---|
| Mar 25, 2026 | Listed by South Gate Realty, LLC | $299,000 | |
| Listed by South Gate Realty, LLC | |||
| Mar 24, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by South Gate Realty, LLC | $299,000 | |
| Listed by South Gate Realty, LLC | |||
| | |||
|
Come check out this 3 Bed, 3 Bath Ranch Style home on 7.3 acres located minutes from Lake Brownwood and short 15 minute drive to Brownwood that has all necessary amenities. This property consists of heavy wooded, privacy with some cleared areas, small tank and backs up to a High Fenced Elk Game Ranch, perfect for a camp spot for the coming summer evenings. Inside this spacious home is a cozy fireplace in the living room, open floor plan from kitchen to living room. 2 bedrooms on the main floor and upstairs is a 3rd bedroom and office, which could easily be turned into a 4th bedroom. Some upgrades have been made to HVAC, Plumbing, Countertops, Sink, and Vanity by previous owners. Plenty of storage inside and out. 20X40 shop with electric, as well as other outbuildings for storage. Lots of possibilities, privacy and tranquility to make your own vision come true.
| |||
| Feb 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017