5982 Doe Trail
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 |
|---|---|---|---|
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Sep 26, 2026 | Listed by Real Broker, LLC | $95,000 | |
| Listed by Real Broker, LLC | |||
| Nov 20, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2024 | Listed by Real | $100,000 | |
| Listed by Real | |||
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A beautiful 3-bedroom, 2-bath home situated on 2.59 unrestricted acres in Gilmer, Texas. The spacious master bedroom features an en-suite bathroom with a walk-in shower, a soaking tub, and a large walk-through closet. The living room includes a cozy wood-burning fireplace. The open-concept living, dining, and kitchen areas are perfect for entertaining. Outside, the property includes a carport, playground, two storage buildings, and cleared land suitable for additional homesites or farming. The property is partially fenced with pipe and barbed wire and boasts ample shade from trees. Enjoy the full-length back covered deck, perfect for relaxing and watching stunning East Texas sunsets. Located just 10 miles from Lake O’ Pines, known for world-class fishing, and 10 miles from downtown Gilmer, offering a vibrant small-town atmosphere.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017