560 Rs County Road 1691
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 |
|---|---|---|---|
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Fathom Realty LLC | $799,000 | |
| Listed by Fathom Realty LLC | |||
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This is an amazing 43+ acre horse property with 2 arenas. The home has been updated with new paint and windows. The 9000 SQ FT horse barn has 8 permanent stalls, office-tack room and feed area. Several lots outside with pipe fencing. Has a shop with concrete and electric and pole barns. The pastures have established Jiggs Bermuda Grass. Jiggs Hybrid Bermuda is a quality horse grass developed at A&M which is leafier and makes a more nutritious hay. I have included a map to show approximate property lines. There will be a new survey. The north property line does not have a fence yet. Part of the farm is in Rains and Hunt counties, Lone Oak ISD. Buyer and Buyer's agent to verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017