5629 County Road 1022
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 |
|---|---|---|---|
| Jun 28, 2023 | Sold | ||
| Sold | |||
| Apr 3, 2023 | Listed by Vanguard Real Estsate Advisors | $632,780 | |
| Listed by Vanguard Real Estsate Advisors | |||
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Vanguard Real Estate Advisors has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase 21.82+- acres (the Site) in Johnson County, TX. The Site is exceptionally located along the Chisholm Trail Parkway approximately 15 miles south of Fort Worth (12+- minute drive), allowing for excellent visibility along a highly trafficked thoroughfare. Located just outside of the city limits of Joshua within Johnson County, the Site lends itself to a variety of unrestricted uses. At $29,000 per acre, this is an excellent opportunity to acquire a Site in the future path of growth in the rapidly developing region of Dallas-Fort Worth. A 2.0% co-broker fee is available to a Broker that sources a principal that Vanguard REA has not previously contacted or sent information regarding this opportunity.
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| Nov 2, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Keller Williams Lonestar DFW | $1,200,000 | |
| Listed by Keller Williams Lonestar DFW | |||
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This is the land you've been looking for! Rare opportunity to have both sides of highway visibility! Currently used for agricultural purposes, this property would make a great single-family home development or light industrial area. Positioned along Chisholm Parkway just North of the County Road 904 exit if you're coming from the South; Just South of the 917 exit if you're coming from the North! The area is slated for exponential growth now that the Chisholm Parkway is open! Call today for more info!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017