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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by WESTERN COMMUNITY REALTY | $500,000 | |
| Listed by WESTERN COMMUNITY REALTY | |||
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Spacious Ranchette three-bedroom, 2.5 bath home on 12+,- Acres in Stephenville Texas Erath County. Beautiful open floor plan home. Kitchen is efficiently set up with an island and large walk-in pantry, half bath next to the kitchen. Primary bedroom has an ensuite bathroom and walk in closet. Bedrooms two and three have an adjacent shared bathroom. Garage is oversized with room for trucks, shop, and storage. Multiple pastures. Barn has 6 stalls with tack room, storage room, and a studio bunk with a bathroom that is ready to be finished. Nice calf roping arena. Three RV hook ups off of CR 351. Potential one home site off CR 351 with loafing sheds. Motivated Seller. Schedule your private showing appointment today!
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| Jan 12, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Keller Williams Brazos West | $495,000 | |
| Listed by Keller Williams Brazos West | |||
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Just a short few minutes from Stephenville. Spacious 3 bedroom 2.5 bath home with a pool on 13 acres. New flooring. Garage is large enough to park trucks plus storage. 6 stall barn with tack room and storage room. Calf roping arena, 3 large traps with tall green grass and horse shed. Easy parking for trucks and trailers. Large stocked pond. Well is only 2 years old. This property has two potential rentals at bottom of property. Electric gated entrance. Beautiful scattered trees throughout the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017