TBD Oak Grove Loop
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 |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Real Broker, LLC | $95,000 | |
| Listed by Real Broker, LLC | |||
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This 2.0 acres is the perfect place to build your dream home or to retire! Partially wooded with potential for buyers to clear the land how they want it or keep it as is. Property includes electric poles. Seasonal creek runs through the property. Located approximately 6 miles outside of China Spring. Part of the highly sought after China Spring ISD, conveniently located only 7 minutes away from the new elementary school being built on Wortham Bend! Oak Grove Baptist Church resides against the back side of this property. Land also includes a deer feeder with deer running across the road and property year round, including an abundance of different breeds of birds, rabbits and squirrels. Beautiful oak trees mixed with cedar, mesquite, etc. to surround your potential home! This property has no restrictions, quiet and peaceful with downhome neighbors. This one won't last long!
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| Mar 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Relisted | $1,406,300 | |
| Relisted | |||
| Apr 26, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017