550 LCR 463
About This Property
Step outside to enjoy the covered back patio overlooking large, mature trees that provide shade and privacy; perfect for relaxing or entertaining. Gather around the outdoor fire pit creating an inviting outdoor living space.
A large shed offers endless possibilities for storage, hobbies, or projects. The shed and RV hookup are on a separate electrical service, adding convenience and flexibility for RV owners or workshop use.
If you're looking for peaceful country living with practical amenities, this property is one you won't want to miss!
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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 21, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by Graceland Real Estate | $262,000 | |
| Listed by Graceland Real Estate | |||
| May 27, 2020 | No longer available | - | |
| No longer available | |||
| May 15, 2020 | Listed | $175,000 | |
| Listed | |||
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This fantastic country home on 1.16 Acres is conveniently located between Groesbeck and Mexia in the Forest Glade community. The well kept brick home features 1914 square feet of heated and cooled living space, 3 bedrooms, 3 bathrooms and a good sized office with built-ins, that could easily be a 4th bedroom. Interior features also include a wood burning fireplace, nice sized kitchen and dining area, lots of storage, pull out shelving in most of the cabinets and appliances. Exterior home features include a metal roof, front and back covered porches, 2 car garage with storage area and large laundry room. Lot features include wooden and wire fencing, an electric gate, community water for the home and a well for the yard, RV hookups, large pecan trees, storage building and small shop with covered storage area. The manager has listed the unit size as 1914 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017