5942 E State Highway 243
About This Property
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 |
|---|---|---|---|
| Apr 16, 2024 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | Listed by Diversified Realty Consultants | $1,837,445 | |
| Listed by Diversified Realty Consultants | |||
| | |||
|
108 AC Tract right in Kaufman, TX! This is a prime piece of real estate in a great area. Excellent street views and very visible from the Highway. About 700 SF of road frontage. There is a small shop on the NW corner of the property. Electric and Water on site. This piece is perfect for personal use or even an investment property. About 20 miles from Downtown Dallas. AG Exempt. Bring all of your ideas to this large tract!
| |||
| Mar 28, 2022 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by Keller Williams Realty DPR | $1,134,000 | |
| Listed by Keller Williams Realty DPR | |||
| | |||
|
108± Acres of Prime Real Estate Land located 4 miles east of Kaufman in the Heart of fast developing Kaufman County, and less than 40 miles from downtown Dallas. Acreage is relatively flat natural pasture with common grass, mesquite, nice pond, and AG exempt. Approximately 700 feet of frontage road on TX 243. Build your new home and enjoy the land; or develop. Outside of City Limits. Property is partially fenced. Metal building built as a storage and work building with kitchen, living area, and bath; utilities at the property; value is in the land.
| |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017