5975 County Road 264
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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by JD Realty Advisors, LLC | $310,000 | |
| Listed by JD Realty Advisors, LLC | |||
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Welcome to this charming 1YR doublewide home in East Bernard. Situated on .663+/- acres, this property boasts, 4 beds and 2upgraded bathrooms, and a 50YR warranty on siding. Enjoy a serene view of cows from your patio, a covered carport, & a workshop with apartment potential (Mueller Steel Building) (has an unfinished apartment set up with an extra shower in building). A new septic that's 1 yr old. Property sits on a concrete pad. Crape myrtle tree enhances the appeal of this rural oasis. Quick access to HWY 90 provides a perfect balance of country living and modern convenience. 15 mins to Sealy, Rosenberg, Richmond &The State Park. Income opportunities from the workshop/ apartment, fridge to stay (only in manufactured home). Siding is smart panel. Home is energy star rated. Smart thermostat access through the ECOBEE app. Don't miss this opportunity in making 5975 CR 264 your home! *New hyperlink tour attached to the mls.
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| Sep 18, 2024 | Listed by JD Realty Advisors, LLC | $340,000 | |
| Listed by JD Realty Advisors, LLC | |||
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Welcome to this charming 1-year-old doublewide manufactured home in East Bernard, Texas. Situated on .663+/- acres, this property boasts hurricane-rated construction, upgraded bathrooms, and a 50-year warranty on siding. Enjoy a serene view of cows from your patio, a covered carport, and a workshop with apartment potential. The new septic system and crape myrtle tree enhance the appeal of this rural oasis. Quick access to Highway 90 provides a perfect balance of country living and modern convenience. Explore the income opportunities from the workshop apartment or home-based business. Fridge to stay. Don't miss this tranquil lifestyle opportunity.
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| Jun 15, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017