601 Meander Road
About This Property
A 3.0% co-broker fee is available to a Broker that sources a Principal that Vanguard REA has not previously contacted regarding this opportunity.
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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 |
|---|---|---|---|
| Mar 4, 2022 | No longer available | - | |
| No longer available | |||
| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 25, 2022 | In contract | - | |
| In contract | |||
| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 18, 2021 | Listed by Vanguard Real Estsate Advisors | $1,809,218 | |
| Listed by Vanguard Real Estsate Advisors | |||
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Vanguard Real Estate Advisors (Vanguard REA) has been exclusively retained by the Owner to offer qualified investors the opportunity to purchase 47.61+- acres (the Site) located in Granbury, Texas. The Site allows for quick access to the main commercial corridor of the city along US-377 which is conveniently located one mile to the south.A 3.0% co-broker fee is available to a Broker that sources a Principal that Vanguard REA has not previously contacted regarding this opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017